Zip 61064 (Polo, IL) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Polo, Illinois?
$2,130 / month
for a family, 60.6% less expensive than the national average A total of $25,560 for the year for a family.
$2,133 / month
for a single person, 55.3% less expensive than the national average A total of $25,600 for the year for a single person.

Polo cost of living score
82.2
Less expensive
17.8% lower
than the US average
12.3% lower
than the Illinois average
Polo (zip 61064), Illinois gets a BestPlaces Cost of Living score of 82.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.8% lower than the U.S. average and 12.3% higher than the average for Illinois.

Zip 61064 (Polo, IL)

Housing costs in Polo?
A typical home costs $133,500, which is 60.5% less expensive than the national average of $338,100 and 44.8% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Polo costs $850 per month, which is 40.6% cheaper than the national average of $1,430 and 48.2% cheaper than the state average of $1,260.

Can I afford Polo?
To live comfortably in Polo (zip 61064), Illinois, a minimum annual income of $25,560 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Polo?
The cost of living in 61064 Polo, IL is slightly above the national average. The median home price in the area is around $164,400 and the overall median household income is around $51,000. The sales tax rate is 6.25%, which is lower than the state's 6.5%. Utilities are slightly higher than average at an average of $150 per month for electricity and gas. The food costs are generally comparable to other areas in the nation; however, the property taxes tend to be quite high with an effective real estate tax rate of 2.92%. All in all, living in 61064 Polo, IL could be considered a bit more expensive than other parts of the country but still affordable overall.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesPoloIllinoisUnited States
    Unlock93.7100.0
  90.1  Unlock100.0
    Unlock96.9100.0
  37.2  Unlock100.0
    Unlock$241,700$338,100
  100.3  Unlock100.0
    Unlock106.2100.0
  117.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.