Housing costs in Pearl City?
A typical home costs
$170,600, which is 49.5% less expensive than the national average of
$338,100 and 29.4% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Pearl City costs
$750 per month, which is 47.6% cheaper than the national average of
$1,430 and 68.0% cheaper than the state average of
$1,260.
Can I afford Pearl City?
To live comfortably in Pearl City (zip 61062), Illinois, a minimum annual income of
$32,760 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Pearl City?
The cost of living in Pearl City, IL (zip code 61062) is relatively low compared to the rest of the United States. According to BestPlaces, a website that compiles cost of living data across cities, the cost of living index in Pearl City is 78.60, which is much lower than the U.S. average of 100. This means that goods and services are much less expensive than in other parts of the country, making it easier for locals to afford basic necessities. The overall housing costs are particularly low with rent prices only being 16% lower than the national average and utilities costing around 18% less as well. Additionally, food expenses are also moderately cheaper by 8%. All these factors make Pearl City an attractive option for those looking for a city where their money will stretch further without sacrificing quality of life.