Zip 62967 (New Burnside, IL) Cost of Living


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United States / Illinois / No Metro Area / Johnson County / New Burnside / New Burnside (zip 62967)
How much do I need to live in New Burnside, Illinois?
$1,590 / month
for a family, 70.6% less expensive than the national average A total of $19,080 for the year for a family.
$2,200 / month
for a single person, 53.8% less expensive than the national average A total of $26,400 for the year for a single person.

New Burnside cost of living score
76.1
Less expensive
23.9% lower
than the US average
18.8% lower
than the Illinois average
New Burnside (zip 62967), Illinois gets a BestPlaces Cost of Living score of 76.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 23.9% lower than the U.S. average and 18.8% higher than the average for Illinois.

Zip 62967 (New Burnside, IL)

Housing costs in New Burnside?
A typical home costs $100,300, which is 70.3% less expensive than the national average of $338,100 and 58.5% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in New Burnside costs $860 per month, which is 39.9% cheaper than the national average of $1,430 and 46.5% cheaper than the state average of $1,260.

Can I afford New Burnside?
To live comfortably in New Burnside (zip 62967), Illinois, a minimum annual income of $19,080 for a family, and $26,400 for a single person is recommended.

What does A.I. say about New Burnside?
The cost of living in 62967 New Burnside, IL is fairly low compared to other parts of the country. The median home value is around $61,800, which is below the national average of $184,700. The median rent for a two-bedroom apartment is just over $600 per month, also lower than the national average of $949. Utility costs are similarly low; electricity and natural gas are both very affordable in this area. Taxes are also relatively low; sales tax is just 6.75%, while property tax hovers around 2%. All these factors contribute to a lower cost of living in 62967 New Burnside, IL that makes it attractive to potential residents.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesNew BurnsideIllinoisUnited States
    Unlock93.7100.0
  91.0  Unlock100.0
    Unlock96.9100.0
  25.4  Unlock100.0
    Unlock$241,700$338,100
  94.2  Unlock100.0
    Unlock106.2100.0
  88.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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