Zip 62281 (Saint Jacob, IL) Cost of Living


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United States / Illinois / St. Louis Metro Area / Madison County / No City / Saint Jacob (zip 62281)

Saint Jacob cost of living score
82.5
Less expensive
17.5% lower
than the US average
12.0% lower
than the Illinois average
Saint Jacob (zip 62281), Illinois gets a BestPlaces Cost of Living score of 82.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.5% lower than the U.S. average and 12.0% higher than the average for Illinois.

Zip 62281 (Saint Jacob, IL)

Housing costs in Saint Jacob?
A typical home costs $290,000, which is 14.2% less expensive than the national average of $338,100 and 20.0% more expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Saint Jacob costs $1,260 per month, which is 11.9% cheaper than the national average of $1,430 and close to the state average of $1,260.

Can I afford Saint Jacob?
To live comfortably in Saint Jacob (zip 62281), Illinois, a minimum annual income of $55,440 for a family, and $40,000 for a single person is recommended.

What does A.I. say about Saint Jacob?
The cost of living in 62281 Saint Jacob, IL is quite reasonable, and highly affordable. The median home price is well below the national average, making it a great choice for those looking to purchase a home. The median household income is also above the state's median, suggesting that the local economy is doing well. Groceries and utilities are also relatively low and taxes are low compared to other parts of the country. All in all, Saint Jacob is a great place to live if one is looking for an affordable cost of living.
   Cost of living score
     CategoriesSaint JacobIllinoisUnited States
  82.593.7100.0
  98.894100
  94.496.9100.0
  88.280.2100.0
  $290,000$241,700$338,100
  97.4%97.7%100.0%
  97.0106.2100.0
  133.9107.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime