Zip 62288 (Steeleville, IL) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / Illinois / No Metro Area / Randolph County / Steeleville / Steeleville (zip 62288)
How much do I need to live in Steeleville, Illinois?
$2,070 / month
for a family, 61.7% less expensive than the national average A total of $24,840 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.

Steeleville cost of living score
74.6
Less expensive
25.4% lower
than the US average
20.4% lower
than the Illinois average
Steeleville (zip 62288), Illinois gets a BestPlaces Cost of Living score of 74.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.4% lower than the U.S. average and 20.4% higher than the average for Illinois.

Zip 62288 (Steeleville, IL)

Housing costs in Steeleville?
A typical home costs $129,000, which is 61.8% less expensive than the national average of $338,100 and 46.6% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Steeleville costs $780 per month, which is 45.5% cheaper than the national average of $1,430 and 61.5% cheaper than the state average of $1,260.

Can I afford Steeleville?
To live comfortably in Steeleville (zip 62288), Illinois, a minimum annual income of $24,840 for a family, and $23,600 for a single person is recommended.

What does A.I. say about Steeleville?
The cost of living in 62288 Steeleville, IL is quite affordable. Housing costs are low and the median home price is around $90,000. Utility costs are also low, with electricity at only 8.14 cents per kWh and natural gas at an average of $1.39 per therm. Groceries and healthcare expenses are also on the lower end of the spectrum compared to other parts of the country with a grocery index of 94.3 and health care index of 90.2 out of 100 points respectively. With these factors taken into account, 62288 Steeleville, IL is an ideal place for those looking for a lower cost solution to living without sacrificing quality or amenities.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSteelevilleIllinoisUnited States
    Unlock93.7100.0
  94.9  Unlock100.0
    Unlock96.9100.0
  36.5  Unlock100.0
    Unlock$241,700$338,100
  98.3  Unlock100.0
    Unlock106.2100.0
  88.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.