Zip 61451 (Laura, IL) Cost of Living


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United States / Illinois / Peoria Metro Area / Peoria County / No City / Laura (zip 61451)

Laura cost of living score
75.6
Less expensive
24.4% lower
than the US average
19.3% lower
than the Illinois average
Laura (zip 61451), Illinois gets a BestPlaces Cost of Living score of 75.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.4% lower than the U.S. average and 19.3% higher than the average for Illinois.

Zip 61451 (Laura, IL)

Housing costs in Laura?
A typical home costs $121,200, which is 64.2% less expensive than the national average of $338,100 and 49.9% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Laura costs $820 per month, which is 42.7% cheaper than the national average of $1,430 and 53.7% cheaper than the state average of $1,260.

Can I afford Laura?
To live comfortably in Laura (zip 61451), Illinois, a minimum annual income of $23,400 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Laura?
The cost of living in 61451 Laura, IL is reasonably low compared to the national average. The median home value in this area is $95,500, which is around 20% lower than the national average. Additionally, the median household income is approximately $48,000, which is nearly 8% lower than the national average. Overall, it can be said that 61451 Laura provides a relatively affordable lifestyle for those looking to purchase housing or relocate to this area. Furthermore, its low tax rates and utilities make it an attractive option for many individuals and families alike.
   Cost of living score
     CategoriesLauraIllinoisUnited States
  75.693.7100.0
  93.694100
  112.096.9100.0
  33.980.2100.0
  $121,200$241,700$338,100
  94.4%97.7%100.0%
  75.8106.2100.0
  136.8107.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime