Zip 62278 (Red Bud, IL) Cost of Living


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United States / Illinois / No Metro Area / Randolph County / Red Bud / Red Bud (zip 62278)
How much do I need to live in Red Bud, Illinois?
$3,030 / month
for a family, 43.9% less expensive than the national average A total of $36,360 for the year for a family.
$2,100 / month
for a single person, 55.9% less expensive than the national average A total of $25,200 for the year for a single person.

Red Bud cost of living score
74.6
Less expensive
25.4% lower
than the US average
20.4% lower
than the Illinois average
Red Bud (zip 62278), Illinois gets a BestPlaces Cost of Living score of 74.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.4% lower than the U.S. average and 20.4% higher than the average for Illinois.

Zip 62278 (Red Bud, IL)

Housing costs in Red Bud?
A typical home costs $189,600, which is 43.9% less expensive than the national average of $338,100 and 21.6% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Red Bud costs $830 per month, which is 42.0% cheaper than the national average of $1,430 and 51.8% cheaper than the state average of $1,260.

Can I afford Red Bud?
To live comfortably in Red Bud (zip 62278), Illinois, a minimum annual income of $36,360 for a family, and $25,200 for a single person is recommended.

What does A.I. say about Red Bud?
The cost of living in 62278 Red Bud, IL is relatively low compared to many other towns and cities in the state. The median home price is just over $100,000, which is very affordable for the area. Additionally, the average rent for a two bedroom apartment is around $750 per month. Utilities tend to be fairly low as well, with an average monthly bill of around $150. This makes Red Bud an ideal location for individuals or families looking for an affordable place to live without sacrificing quality of life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRed BudIllinoisUnited States
    Unlock93.7100.0
  96.4  Unlock100.0
    Unlock96.9100.0
  60.3  Unlock100.0
    Unlock$241,700$338,100
  98.0  Unlock100.0
    Unlock106.2100.0
  88.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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