Zip 62841 (Freeman Spur, IL) Cost of Living


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How much do I need to live in Freeman Spur, Illinois?
$1,500 / month
for a family, 72.2% less expensive than the national average A total of $18,000 for the year for a family.
$2,033 / month
for a single person, 57.4% less expensive than the national average A total of $24,400 for the year for a single person.

Freeman Spur cost of living score
77.7
Less expensive
22.3% lower
than the US average
17.1% lower
than the Illinois average
Freeman Spur (zip 62841), Illinois gets a BestPlaces Cost of Living score of 77.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.3% lower than the U.S. average and 17.1% higher than the average for Illinois.

Zip 62841 (Freeman Spur, IL)

Housing costs in Freeman Spur?
A typical home costs $93,600, which is 72.3% less expensive than the national average of $338,100 and 61.3% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Freeman Spur costs $800 per month, which is 36.5% cheaper than the national average of $1,260 and 10.0% cheaper than the state average of $880.

Can I afford Freeman Spur?
To live comfortably in Freeman Spur (zip 62841), Illinois, a minimum annual income of $18,000 for a family, and $24,400 for a single person is recommended.

What does A.I. say about Freeman Spur?
The cost of living in 62841 Freeman Spur, IL is low compared to the national average. The median housing cost is $60,000, which is significantly lower than the national median of approximately $200,000. Additionally, the overall cost of goods and services in the area are about 10 percent lower than the U.S. average. With a low unemployment rate and a strong economy, people living in 62841 Freeman Spur enjoy a comfortable lifestyle with affordable prices. People also benefit from a variety of outdoor activities available nearby since it is located near several state parks and forests that offer an abundance of hiking trails and camping spots.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesFreeman SpurIllinoisUnited States
    Unlock93.7100.0
  92.3  Unlock100.0
    Unlock96.9100.0
  21.3  Unlock100.0
    Unlock$241,700$338,100
  92.9  Unlock100.0
    Unlock106.2100.0
  115.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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