Zip 62436 (Jewett, IL) Cost of Living


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How much do I need to live in Jewett, Illinois?
$2,100 / month
for a family, 61.1% less expensive than the national average A total of $25,200 for the year for a family.
$1,933 / month
for a single person, 59.5% less expensive than the national average A total of $23,200 for the year for a single person.

Jewett cost of living score
72.1
Less expensive
27.9% lower
than the US average
23.1% lower
than the Illinois average
Jewett (zip 62436), Illinois gets a BestPlaces Cost of Living score of 72.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.9% lower than the U.S. average and 23.1% higher than the average for Illinois.

Zip 62436 (Jewett, IL)

Housing costs in Jewett?
A typical home costs $130,900, which is 61.3% less expensive than the national average of $338,100 and 45.8% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Jewett costs $760 per month, which is 46.9% cheaper than the national average of $1,430 and 65.8% cheaper than the state average of $1,260.

Can I afford Jewett?
To live comfortably in Jewett (zip 62436), Illinois, a minimum annual income of $25,200 for a family, and $23,200 for a single person is recommended.

What does A.I. say about Jewett?
The cost of living in 62436 Jewett, IL is relatively low compared to other parts of the country. The median home value in 62436 is about $41,500, which is quite a bit lower than the national median of around $217,000. In addition, the median household income in the area is about $37,000 per year while the national median is almost double that at around $61,000 per year. The overall cost of living index for 62436 Jewett, IL is 83.9 which is much lower than the U.S. average of 100. This indicates that basic necessities like groceries and housing are significantly cheaper in this area compared to other regions of the country.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesJewettIllinoisUnited States
    Unlock93.7100.0
  92.8  Unlock100.0
    Unlock96.9100.0
  28.4  Unlock100.0
    Unlock$241,700$338,100
  96.5  Unlock100.0
    Unlock106.2100.0
  97.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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