Zip 61537 (Henry, IL) Cost of Living


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How much do I need to live in Henry, Illinois?
$1,530 / month
for a family, 71.7% less expensive than the national average A total of $18,360 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.

Henry cost of living score
77.2
Less expensive
22.8% lower
than the US average
17.6% lower
than the Illinois average
Henry (zip 61537), Illinois gets a BestPlaces Cost of Living score of 77.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.8% lower than the U.S. average and 17.6% higher than the average for Illinois.

Zip 61537 (Henry, IL)

Housing costs in Henry?
A typical home costs $96,100, which is 71.6% less expensive than the national average of $338,100 and 60.2% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Henry costs $770 per month, which is 46.2% cheaper than the national average of $1,430 and 63.6% cheaper than the state average of $1,260.

Can I afford Henry?
To live comfortably in Henry (zip 61537), Illinois, a minimum annual income of $18,360 for a family, and $24,400 for a single person is recommended.

What does A.I. say about Henry?
Living in 61537 Henry, IL is quite affordable. With an average home cost of $86,000 and a cost of living index of 81.2, it remains one of the most economical places to live in the United States. Renting an apartment is also more affordable than most other locations with 1-bedroom apartments averaging around $600 and 3-bedrooms around $750. The overall cost of groceries is also reasonable, with meals costing approximately 10% less than the national average. Utilities are also low, with electric bills averaging around $100 per month and water bills around $50 per month. In addition to the low cost of living, 61537 Henry, IL also offers a variety of amenities that make it an attractive place to live.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHenryIllinoisUnited States
    Unlock93.7100.0
  92.9  Unlock100.0
    Unlock96.9100.0
  31.2  Unlock100.0
    Unlock$241,700$338,100
  93.8  Unlock100.0
    Unlock106.2100.0
  109.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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