Zip 62671 (New Holland, IL) Cost of Living


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United States / Illinois / Lincoln Metro Area / Logan County / No City / New Holland (zip 62671)
How much do I need to live in New Holland, Illinois?
$2,370 / month
for a family, 56.1% less expensive than the national average A total of $28,440 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 Holland cost of living score
72.8
Less expensive
27.2% lower
than the US average
22.3% lower
than the Illinois average
New Holland (zip 62671), Illinois gets a BestPlaces Cost of Living score of 72.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.2% lower than the U.S. average and 22.3% higher than the average for Illinois.

Zip 62671 (New Holland, IL)

Housing costs in New Holland?
A typical home costs $149,300, which is 55.8% less expensive than the national average of $338,100 and 38.2% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in New Holland costs $840 per month, which is 41.3% cheaper than the national average of $1,430 and 50.0% cheaper than the state average of $1,260.

Can I afford New Holland?
To live comfortably in New Holland (zip 62671), Illinois, a minimum annual income of $28,440 for a family, and $26,400 for a single person is recommended.

What does A.I. say about New Holland?
Living in 62671 New Holland, IL is quite affordable. The cost of living index is rated at 81.4 which is 19.6% lower than the national average. Housing costs are especially low compared to the rest of the country, with a median home price of $91,400 and a median rent of $645 per month. Other living expenses such as food and utilities are also very reasonable. In addition to being budget friendly, the area offers plenty of attractions and entertainment, making it an ideal place for people looking to get the most out of their money while still enjoying all that the town has to offer.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesNew HollandIllinoisUnited States
    Unlock93.7100.0
  91.1  Unlock100.0
    Unlock96.9100.0
  29.9  Unlock100.0
    Unlock$241,700$338,100
  99.9  Unlock100.0
    Unlock106.2100.0
  98.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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