Zip 62570 (Tovey, IL) Cost of Living


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Tovey cost of living score
72.9
Less expensive
27.1% lower
than the US average
22.2% lower
than the Illinois average
Tovey (zip 62570), Illinois gets a BestPlaces Cost of Living score of 72.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.1% lower than the U.S. average and 22.2% higher than the average for Illinois.

Zip 62570 (Tovey, IL)

Housing costs in Tovey?
A typical home costs $68,600, which is 79.7% less expensive than the national average of $338,100 and 71.6% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Tovey costs $710 per month, which is 43.7% cheaper than the national average of $1,260 and 15.5% cheaper than the state average of $820.

Can I afford Tovey?
To live comfortably in Tovey (zip 62570), Illinois, a minimum annual income of $13,320 for a family, and $21,600 for a single person is recommended.

What does A.I. say about Tovey?
The cost of living in 62570 Tovey, IL is relatively low compared to other parts of the country. The median home price in the area is just under $100,000, and the median household income is just over $54,000. Rent prices are also quite reasonable for the area, with a two-bedroom apartment setting you back around $750. Groceries and restaurant meals are also relatively inexpensive when compared to larger cities. All of these factors help make living in 62570 Tovey, IL an affordable option for those looking to live within the state while still having access to decent amenities.
   Cost of living score
     CategoriesToveyIllinoisUnited States
  72.993.7100.0
  90.994100
  111.696.9100.0
  22.480.2100.0
  $68,600$241,700$338,100
  100.3%97.7%100.0%
  82.9106.2100.0
  98.0107.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime