Housing costs in South Pekin?
A typical home costs
$85,500, which is 74.7% less expensive than the national average of
$338,100 and 64.6% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in South Pekin costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 41.6% cheaper than the state average of
$1,260.
Can I afford South Pekin?
To live comfortably in South Pekin (zip 61564), Illinois, a minimum annual income of
$16,560 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about South Pekin?
The cost of living in 61564 South Pekin, IL is relatively low compared to the national average. This is reflected in its median home values and rental rates, which are both lower than the US median. Grocery and health care costs are also lower than the national average, making it a great place for residents looking to save money while still enjoying quality services. The overall sales tax rate is 6%, slightly higher than the national average of 5.75%. However, this tax rate helps support local businesses and services that help keep the cost of living in South Pekin so low.