Zip 62284 (Smithboro, IL) Cost of Living


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United States / Illinois / St. Louis Metro Area / Bond County / No City / Smithboro (zip 62284)
How much do I need to live in Smithboro, Illinois?
$1,920 / month
for a family, 64.4% less expensive than the national average A total of $23,040 for the year for a family.
$2,400 / month
for a single person, 49.7% less expensive than the national average A total of $28,800 for the year for a single person.

Smithboro cost of living score
78.5
Less expensive
21.5% lower
than the US average
16.2% lower
than the Illinois average
Smithboro (zip 62284), Illinois gets a BestPlaces Cost of Living score of 78.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.5% lower than the U.S. average and 16.2% higher than the average for Illinois.

Zip 62284 (Smithboro, IL)

Housing costs in Smithboro?
A typical home costs $120,700, which is 64.3% less expensive than the national average of $338,100 and 50.1% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Smithboro 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 Smithboro?
To live comfortably in Smithboro (zip 62284), Illinois, a minimum annual income of $23,040 for a family, and $28,800 for a single person is recommended.

What does A.I. say about Smithboro?
Smithboro, IL (zip code 62284) has an average cost of living that is slightly higher than the national average. The median costs for housing, transportation, groceries, and healthcare are all above the national median. However, there is some variation in these costs depending on which area of Smithboro you live in. Housing costs can range from low to high depending on location and size of the home. Transportation costs can be relatively low due to good public transit options in the city. Grocery stores tend to offer competitive prices compared to other areas and healthcare is accessible and affordable. Overall, Smithboro offers a livable cost of living for most residents.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSmithboroIllinoisUnited States
    Unlock93.7100.0
  95.1  Unlock100.0
    Unlock96.9100.0
  39.6  Unlock100.0
    Unlock$241,700$338,100
  97.6  Unlock100.0
    Unlock106.2100.0
  101.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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