Zip 62988 (Tamms, IL) Cost of Living


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How much do I need to live in Tamms, Illinois?
$1,530 / month
for a family, 71.7% less expensive than the national average A total of $18,360 for the year for a family.
$2,000 / month
for a single person, 58.0% less expensive than the national average A total of $24,000 for the year for a single person.

Tamms cost of living score
74.4
Less expensive
25.6% lower
than the US average
20.6% lower
than the Illinois average
Tamms (zip 62988), Illinois gets a BestPlaces Cost of Living score of 74.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.6% lower than the U.S. average and 20.6% higher than the average for Illinois.

Zip 62988 (Tamms, IL)

Housing costs in Tamms?
A typical home costs $96,500, which is 71.5% less expensive than the national average of $338,100 and 60.1% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Tamms costs $770 per month, which is 38.9% cheaper than the national average of $1,260 and 13.0% cheaper than the state average of $870.

Can I afford Tamms?
To live comfortably in Tamms (zip 62988), Illinois, a minimum annual income of $18,360 for a family, and $24,000 for a single person is recommended.

What does A.I. say about Tamms?
equestId:96e245bc-fba8-4341-afd2-cac0114c53f3,resource:content,data:[{id:txt_d7f831e5f6544aee87a16218d0a22123,text:\n \nThe cost of living in 62988 Tamms, IL is quite reasonable. While prices are slightly higher than the national average, they are still very affordable and worth considering. In addition to having lower taxes than most of the surrounding states, Tamms also offers many amenities that make it a great place to live. The median home value in this zip code is around $93,000 which is significantly lower than the national average of over $200,000. Furthermore, rent costs for homes and apartments in Tamms are much cheaper than what you would find elsewhere. With such an affordable cost of living, Tamms is a great choice for those looking for a place to call home!
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesTammsIllinoisUnited States
    Unlock93.7100.0
  91.3  Unlock100.0
    Unlock96.9100.0
  27.5  Unlock100.0
    Unlock$241,700$338,100
  99.7  Unlock100.0
    Unlock106.2100.0
  95.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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