Zip 60072 (Ringwood, IL) Cost of Living


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How much do I need to live in Ringwood, Illinois?
$5,850 / month
for a family, 8.3% more expensive than the national average A total of $70,200 for the year for a family.
$4,133 / month
for a single person, 13.3% less expensive than the national average A total of $49,600 for the year for a single person.

Ringwood cost of living score
101.9
More expensive
1.9% higher
than the US average
8.8% higher
than the Illinois average
Ringwood (zip 60072), Illinois gets a BestPlaces Cost of Living score of 101.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 1.9% higher than the U.S. average and 8.8% higher than the average for Illinois.

Zip 60072 (Ringwood, IL)

Housing costs in Ringwood?
A typical home costs $366,600, which is 8.4% more expensive than the national average of $338,100 and 51.7% more expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Ringwood costs $1,420 per month, which is 0.7% cheaper than the national average of $1,430 and 11.3% more than the state average of $1,260.

Can I afford Ringwood?
To live comfortably in Ringwood (zip 60072), Illinois, a minimum annual income of $70,200 for a family, and $49,600 for a single person is recommended.

What does A.I. say about Ringwood?
The cost of living in 60072 Ringwood, IL is very reasonable. The median home value is estimated to be around $173,900 and the median rent is estimated to be around $1,177 per month. Additionally, the cost of groceries and other goods are relatively low. The average price for a gallon of milk is approximately $3.43 and the average price for a dozen eggs is approximately $2.13. Overall, Ringwood offers an affordable cost of living that appeals to many people looking for an easy lifestyle in a charming town.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRingwoodIllinoisUnited States
    Unlock93.7100.0
  99.6  Unlock100.0
    Unlock96.9100.0
  123.2  Unlock100.0
    Unlock$241,700$338,100
  96.2  Unlock100.0
    Unlock106.2100.0
  138.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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