Zip 61750 (Lane, IL) Cost of Living


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How much do I need to live in Lane, Illinois?
$2,160 / month
for a family, 60.0% less expensive than the national average A total of $25,920 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.

Lane cost of living score
75
Less expensive
25.0% lower
than the US average
20.0% lower
than the Illinois average
Lane (zip 61750), Illinois gets a BestPlaces Cost of Living score of 75, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.0% lower than the U.S. average and 20.0% higher than the average for Illinois.

Zip 61750 (Lane, IL)

Housing costs in Lane?
A typical home costs $135,500, which is 59.9% less expensive than the national average of $338,100 and 43.9% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Lane costs $800 per month, which is 44.1% cheaper than the national average of $1,430 and 57.5% cheaper than the state average of $1,260.

Can I afford Lane?
To live comfortably in Lane (zip 61750), Illinois, a minimum annual income of $25,920 for a family, and $24,400 for a single person is recommended.

What does A.I. say about Lane?
equestId:ebf887a1-ffe1-46f1-b846-863377ee1bf4,resource:content,data:[{id:txt_3695d9f485fc42c8a31193759977d86b,text:\n \nThe cost of living in 61750 Lane, IL is generally quite affordable. Housing costs are reasonable, with the median home price being around $150,000 and a median rent rate of just over $800. The overall cost of goods and services is slightly lower than the national average. Transportation costs are also relatively low due to the town's close proximity to nearby cities and easy access to public transportation. While some amenities such as entertainment or dining out may be slightly more expensive than other locations, overall the cost of living in 61750 Lane is very reasonable for families looking to relocate to a smaller community atmosphere.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLaneIllinoisUnited States
    Unlock93.7100.0
  91.6  Unlock100.0
    Unlock96.9100.0
  24.0  Unlock100.0
    Unlock$241,700$338,100
  97.7  Unlock100.0
    Unlock106.2100.0
  110.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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