Zip 62932 (Elkville, IL) Cost of Living


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with insight into cost of living, crime, climate, and more.
How much do I need to live in Elkville, Illinois?
$1,080 / month
for a family, 80.0% less expensive than the national average A total of $12,960 for the year for a family.
$2,067 / month
for a single person, 56.6% less expensive than the national average A total of $24,800 for the year for a single person.

Elkville cost of living score
78.4
Less expensive
21.6% lower
than the US average
16.3% lower
than the Illinois average
Elkville (zip 62932), Illinois gets a BestPlaces Cost of Living score of 78.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.6% lower than the U.S. average and 16.3% higher than the average for Illinois.

Zip 62932 (Elkville, IL)

Housing costs in Elkville?
A typical home costs $67,500, which is 80.0% less expensive than the national average of $338,100 and 72.1% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Elkville costs $820 per month, which is 42.7% cheaper than the national average of $1,430 and 53.7% cheaper than the state average of $1,260.

Can I afford Elkville?
To live comfortably in Elkville (zip 62932), Illinois, a minimum annual income of $12,960 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Elkville?
Elkville, IL is an affordable place to live with a cost of living that is lower than the national average. The median home cost in 62932 is $77,500, which is significantly lower than the US median of $184,700. Prices for essentials like groceries and health care are also well below the national average. Additionally, Elkville residents pay a low 5% sales tax on most goods and services. All in all, 62932 Elkville offers a great quality of life at an affordable price.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesElkvilleIllinoisUnited States
    Unlock93.7100.0
  92.6  Unlock100.0
    Unlock96.9100.0
  27.0  Unlock100.0
    Unlock$241,700$338,100
  97.4  Unlock100.0
    Unlock106.2100.0
  132.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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