Zip 62550 (Moweaqua, IL) Cost of Living


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How much do I need to live in Moweaqua, Illinois?
$2,040 / month
for a family, 62.2% less expensive than the national average A total of $24,480 for the year for a family.
$2,800 / month
for a single person, 41.3% less expensive than the national average A total of $33,600 for the year for a single person.

Moweaqua cost of living score
72.9
Less expensive
27.1% lower
than the US average
22.2% lower
than the Illinois average
Moweaqua (zip 62550), Illinois gets a BestPlaces Cost of Living score of 72.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.1% lower than the U.S. average and 22.2% higher than the average for Illinois.

Zip 62550 (Moweaqua, IL)

Housing costs in Moweaqua?
A typical home costs $128,100, which is 62.1% less expensive than the national average of $338,100 and 47.0% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Moweaqua costs $1,110 per month, which is 22.4% cheaper than the national average of $1,430 and 13.5% cheaper than the state average of $1,260.

Can I afford Moweaqua?
To live comfortably in Moweaqua (zip 62550), Illinois, a minimum annual income of $24,480 for a family, and $33,600 for a single person is recommended.

What does A.I. say about Moweaqua?
The cost of living in 62550 Moweaqua, IL is generally quite affordable. The median home value is $61,900 and housing costs are 86% lower than the national average. Transportation expenses, such as gas and car insurance, are also much lower than the national average. Furthermore, goods and services tend to be cheaper in this area than other cities in the state due to its small population of only 1,519 residents. In summary, Moweaqua can offer an excellent quality of life at a fraction of the cost of living in cities with larger populations.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMoweaquaIllinoisUnited States
    Unlock93.7100.0
  92.5  Unlock100.0
    Unlock96.9100.0
  37.5  Unlock100.0
    Unlock$241,700$338,100
  104.6  Unlock100.0
    Unlock106.2100.0
  98.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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