Zip 62975 (Pomona, IL) Cost of Living


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Pomona cost of living score
78.4
Less expensive
21.6% lower
than the US average
16.3% lower
than the Illinois average
Pomona (zip 62975), Illinois gets a BestPlaces Cost of Living score of 78.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.6% lower than the U.S. average and 16.3% higher than the average for Illinois.

Zip 62975 (Pomona, IL)

Housing costs in Pomona?
A typical home costs $119,800, which is 64.6% less expensive than the national average of $338,100 and 50.4% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Pomona costs $820 per month, which is 42.7% cheaper than the national average of $1,430 and 53.7% cheaper than the state average of $1,260.

Can I afford Pomona?
To live comfortably in Pomona (zip 62975), Illinois, a minimum annual income of $23,040 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Pomona?
The cost of living in 62975 Pomona, IL is quite reasonable compared to the rest of the state. The median home price for this zip code is around $95,000, which is lower than the Illinois state average of $211,100. Additionally, groceries and healthcare are also less expensive than average and housing costs make up just 27.4% of a household's income. The area has an active diversified economy with several large employers in construction, manufacturing, and other industries; however, unemployment remains higher than the national average at 6.7%. In conclusion, 62975 Pomona offers affordable living with access to a wide range of job opportunities.
   Cost of living score
     CategoriesPomonaIllinoisUnited States
  78.493.7100.0
  92.994100
  129.196.9100.0
  41.280.2100.0
  $119,800$241,700$338,100
  97.4%97.7%100.0%
  78.1106.2100.0
  132.5107.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime