Zip 61258 (Hooppole, IL) Cost of Living


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How much do I need to live in Hooppole, Illinois?
$1,050 / month
for a family, 80.6% less expensive than the national average A total of $12,600 for the year for a family.
$2,167 / month
for a single person, 54.5% less expensive than the national average A total of $26,000 for the year for a single person.

Hooppole cost of living score
76.8
Less expensive
23.2% lower
than the US average
18.0% lower
than the Illinois average
Hooppole (zip 61258), Illinois gets a BestPlaces Cost of Living score of 76.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 23.2% lower than the U.S. average and 18.0% higher than the average for Illinois.

Zip 61258 (Hooppole, IL)

Housing costs in Hooppole?
A typical home costs $65,100, which is 80.7% less expensive than the national average of $338,100 and 73.1% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Hooppole costs $800 per month, which is 36.5% cheaper than the national average of $1,260 and 13.8% cheaper than the state average of $910.

Can I afford Hooppole?
To live comfortably in Hooppole (zip 61258), Illinois, a minimum annual income of $12,600 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Hooppole?
Living in 61258 Hooppole, IL can be affordable. According to the cost of living index, the cost of living in 61258 Hooppole, IL is 13% lower than the state average and 5% lower than the national average. The median housing prices are $91,800 and utilities are rated very low at 72 out of 100 on the cost of living index. The job market is good and there are ample opportunities for employment. Despite this, many residents find that their salaries do not quite cover the costs of living due to the lower wages in comparison to other areas. However, overall the cost of living in 61258 Hooppole, IL is still relatively low compared to other parts of Illinois and the United States as a whole.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHooppoleIllinoisUnited States
    Unlock93.7100.0
  90.4  Unlock100.0
    Unlock96.9100.0
  19.1  Unlock100.0
    Unlock$241,700$338,100
  101.0  Unlock100.0
    Unlock106.2100.0
  115.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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