Zip 61742 (Goodfield, IL) Cost of Living


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United States / Illinois / Peoria Metro Area / Woodford County / No City / Goodfield (zip 61742)
How much do I need to live in Goodfield, Illinois?
$3,930 / month
for a family, 27.2% less expensive than the national average A total of $47,160 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.

Goodfield cost of living score
84.4
Less expensive
15.6% lower
than the US average
9.9% lower
than the Illinois average
Goodfield (zip 61742), Illinois gets a BestPlaces Cost of Living score of 84.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.6% lower than the U.S. average and 9.9% higher than the average for Illinois.

Zip 61742 (Goodfield, IL)

Housing costs in Goodfield?
A typical home costs $247,000, which is 26.9% less expensive than the national average of $338,100 and 2.2% more expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Goodfield costs $780 per month, which is 45.5% cheaper than the national average of $1,430 and 61.5% cheaper than the state average of $1,260.

Can I afford Goodfield?
To live comfortably in Goodfield (zip 61742), Illinois, a minimum annual income of $47,160 for a family, and $24,400 for a single person is recommended.

What does A.I. say about Goodfield?
The cost of living in 61742 Goodfield, IL is quite reasonable. The median home value is $122,300, which is lower than the national average. The median household income is $77,626, which is slightly higher than the national average. The overall cost of living here is 7% lower than the state average and 5% lower than the national average. Property taxes are relatively low at 0.69%. Utility costs are also quite affordable with electricity rates coming in below the national average. All in all, 61742 Goodfield, IL offers a relatively affordable cost of living for those who choose to call it home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGoodfieldIllinoisUnited States
    Unlock93.7100.0
  99.1  Unlock100.0
    Unlock96.9100.0
  91.2  Unlock100.0
    Unlock$241,700$338,100
  99.6  Unlock100.0
    Unlock106.2100.0
  138.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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