Housing costs in Pesotum?
A typical home costs
$174,900, which is 48.3% less expensive than the national average of
$338,100 and 27.6% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Pesotum costs
$1,100 per month, which is 23.1% cheaper than the national average of
$1,430 and 14.5% cheaper than the state average of
$1,260.
Can I afford Pesotum?
To live comfortably in Pesotum (zip 61863), Illinois, a minimum annual income of
$33,480 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about Pesotum?
The cost of living in 61863 Pesotum, IL is quite reasonable compared to other cities and towns in the United States. The median home value is $91,400, which is much lower than the U.S. median of $184,700. In addition, groceries are also affordable in this rural community with an average grocery cost that is 4% lower than the U.S. average cost for groceries. The unemployment rate in Pesotum is 3%, which is slightly lower than the national average of 3.7%. Overall, Pesotum provides residents with a low cost of living while still allowing access to modern amenities such as fast food restaurants and local shops.