Zip 61283 (Tampico, IL) Cost of Living


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Tampico cost of living score
74.3
Less expensive
25.7% lower
than the US average
20.7% lower
than the Illinois average
Tampico (zip 61283), Illinois gets a BestPlaces Cost of Living score of 74.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.7% lower than the U.S. average and 20.7% higher than the average for Illinois.

Zip 61283 (Tampico, IL)

Housing costs in Tampico?
A typical home costs $98,300, which is 70.9% less expensive than the national average of $338,100 and 59.3% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Tampico costs $910 per month, which is 36.4% cheaper than the national average of $1,430 and 38.5% cheaper than the state average of $1,260.

Can I afford Tampico?
To live comfortably in Tampico (zip 61283), Illinois, a minimum annual income of $18,720 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Tampico?
The cost of living in 61283 Tampico, IL is relatively low compared to other areas of the country. The median home value of $105,400 is significantly lower than the national average of $219,700, making it an affordable place to live. The median household income is also very reasonable at $53,922. Rent prices are much more affordable than in many other parts of the country as well, with a one-bedroom apartment renting for around $531 per month on average. Overall, Tampico provides a very affordable and comfortable lifestyle for those looking to move there.
   Cost of living score
     CategoriesTampicoIllinoisUnited States
  74.393.7100.0
  92.394100
  118.696.9100.0
  29.380.2100.0
  $98,300$241,700$338,100
  102.7%97.7%100.0%
  68.0106.2100.0
  103.3107.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime