Zip 61284 (Taylor Ridge, IL) Cost of Living


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How much do I need to live in Taylor Ridge, Illinois?
$3,660 / month
for a family, 32.2% less expensive than the national average A total of $43,920 for the year for a family.
$3,800 / month
for a single person, 20.3% less expensive than the national average A total of $45,600 for the year for a single person.

Taylor Ridge cost of living score
75.7
Less expensive
24.3% lower
than the US average
19.2% lower
than the Illinois average
Taylor Ridge (zip 61284), Illinois gets a BestPlaces Cost of Living score of 75.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.3% lower than the U.S. average and 19.2% higher than the average for Illinois.

Zip 61284 (Taylor Ridge, IL)

Housing costs in Taylor Ridge?
A typical home costs $228,500, which is 32.4% less expensive than the national average of $338,100 and 5.5% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Taylor Ridge costs $1,400 per month, which is 2.1% cheaper than the national average of $1,430 and 10.0% more than the state average of $1,260.

Can I afford Taylor Ridge?
To live comfortably in Taylor Ridge (zip 61284), Illinois, a minimum annual income of $43,920 for a family, and $45,600 for a single person is recommended.

What does A.I. say about Taylor Ridge?
Living in 61284 Taylor Ridge, IL is relatively affordable. The median home cost is $106,300 which is lower than the national average, and the cost of living index is 79.2 which is also lower than the US average. Utilities are low cost as well, with electricity rates slightly below the national average and natural gas rates almost half of the national average. Food and other necessities are also reasonably priced, so overall living in Taylor Ridge should be easy on your wallet.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesTaylor RidgeIllinoisUnited States
    Unlock93.7100.0
  97.5  Unlock100.0
    Unlock96.9100.0
  65.9  Unlock100.0
    Unlock$241,700$338,100
  89.7  Unlock100.0
    Unlock106.2100.0
  120.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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