Zip 62667 (Modesto, IL) Cost of Living


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How much do I need to live in Modesto, Illinois?
$2,520 / month
for a family, 53.3% less expensive than the national average A total of $30,240 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.

Modesto cost of living score
78.9
Less expensive
21.1% lower
than the US average
15.8% lower
than the Illinois average
Modesto (zip 62667), Illinois gets a BestPlaces Cost of Living score of 78.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.1% lower than the U.S. average and 15.8% higher than the average for Illinois.

Zip 62667 (Modesto, IL)

Housing costs in Modesto?
A typical home costs $157,000, which is 53.6% less expensive than the national average of $338,100 and 35.0% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Modesto 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 Modesto?
To live comfortably in Modesto (zip 62667), Illinois, a minimum annual income of $30,240 for a family, and $23,200 for a single person is recommended.

What does A.I. say about Modesto?
The cost of living in 62667 Modesto, IL is quite reasonable. The median home value is $86,400 and the median rent is $743 per month. This makes the overall cost of living in this area very affordable. Additionally, the unemployment rate for this area is low at only 4%, so finding a job to help pay for daily expenses should not be difficult. Grocery prices are also relatively low making it easy to find affordable meals for any budget. Furthermore, there are plenty of recreational activities to choose from like visiting the local zoo or amusement park which keeps costs down while providing lots of entertainment. All-in-all, 62667 Modesto, IL makes a great place to live with its low cost of living and vast array of attractions.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesModestoIllinoisUnited States
    Unlock93.7100.0
  91.0  Unlock100.0
    Unlock96.9100.0
  32.0  Unlock100.0
    Unlock$241,700$338,100
  101.7  Unlock100.0
    Unlock106.2100.0
  105.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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