Zip 62334 (Elvaston, IL) Cost of Living


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How much do I need to live in Elvaston, Illinois?
$1,440 / month
for a family, 73.3% less expensive than the national average A total of $17,280 for the year for a family.
$1,967 / month
for a single person, 58.7% less expensive than the national average A total of $23,600 for the year for a single person.

Elvaston cost of living score
73.2
Less expensive
26.8% lower
than the US average
21.9% lower
than the Illinois average
Elvaston (zip 62334), Illinois gets a BestPlaces Cost of Living score of 73.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.8% lower than the U.S. average and 21.9% higher than the average for Illinois.

Zip 62334 (Elvaston, IL)

Housing costs in Elvaston?
A typical home costs $90,300, which is 73.3% less expensive than the national average of $338,100 and 62.6% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Elvaston costs $710 per month, which is 50.3% cheaper than the national average of $1,430 and 77.5% cheaper than the state average of $1,260.

Can I afford Elvaston?
To live comfortably in Elvaston (zip 62334), Illinois, a minimum annual income of $17,280 for a family, and $23,600 for a single person is recommended.

What does A.I. say about Elvaston?
Living in 62334 Elvaston, IL is quite affordable. The median home value is $73,300, which is significantly lower than the national average of $184,700. Additionally, the cost of living index rating for Elvaston is 79.1 which is a full 20 points lower than the national average of 100. This means that essential costs such as groceries and healthcare are much more affordable in Elvaston than across the US on average. Consequently, Elvaston can offer a great quality of life at an attractive price compared to other areas in the country.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesElvastonIllinoisUnited States
    Unlock93.7100.0
  91.2  Unlock100.0
    Unlock96.9100.0
  26.8  Unlock100.0
    Unlock$241,700$338,100
  94.1  Unlock100.0
    Unlock106.2100.0
  107.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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