Zip 61363 (Standard, IL) Cost of Living


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United States / Illinois / No Metro Area / Putnam County / Standard / Standard (zip 61363)
How much do I need to live in Standard, Illinois?
$1,830 / month
for a family, 66.1% less expensive than the national average A total of $21,960 for the year for a family.
$1,967 / month
for a single person, 58.7% less expensive than the national average A total of $23,600 for the year for a single person.

Standard cost of living score
77.9
Less expensive
22.1% lower
than the US average
16.9% lower
than the Illinois average
Standard (zip 61363), Illinois gets a BestPlaces Cost of Living score of 77.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.1% lower than the U.S. average and 16.9% higher than the average for Illinois.

Zip 61363 (Standard, IL)

Housing costs in Standard?
A typical home costs $115,200, which is 65.9% less expensive than the national average of $338,100 and 52.3% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Standard costs $730 per month, which is 49.0% cheaper than the national average of $1,430 and 72.6% cheaper than the state average of $1,260.

Can I afford Standard?
To live comfortably in Standard (zip 61363), Illinois, a minimum annual income of $21,960 for a family, and $23,600 for a single person is recommended.

What does A.I. say about Standard?
The cost of living in 61363 Standard, IL is fairly reasonable compared to other parts of the country. The median home cost in this area is around $115,000, which is well below the national average. Groceries and utilities tend to be on the cheaper side as well. Additionally, transportation costs are kept low due to the close proximity to major highways and public transportation options. Although property taxes are slightly higher than some nearby areas, they remain lower than most elsewhere in Illinois. All in all, 61363 Standard provides an affordable living environment for those seeking a comfortable lifestyle at a reasonable cost.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesStandardIllinoisUnited States
    Unlock93.7100.0
  92.3  Unlock100.0
    Unlock96.9100.0
  26.1  Unlock100.0
    Unlock$241,700$338,100
  94.4  Unlock100.0
    Unlock106.2100.0
  102.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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