Zip 61776 (Towanda, IL) Cost of Living


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How much do I need to live in Towanda, Illinois?
$3,540 / month
for a family, 34.4% less expensive than the national average A total of $42,480 for the year for a family.
$3,300 / month
for a single person, 30.8% less expensive than the national average A total of $39,600 for the year for a single person.

Towanda cost of living score
82.1
Less expensive
17.9% lower
than the US average
12.4% lower
than the Illinois average
Towanda (zip 61776), Illinois gets a BestPlaces Cost of Living score of 82.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.9% lower than the U.S. average and 12.4% higher than the average for Illinois.

Zip 61776 (Towanda, IL)

Housing costs in Towanda?
A typical home costs $221,800, which is 34.4% less expensive than the national average of $338,100 and 8.2% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Towanda costs $1,230 per month, which is 14.0% cheaper than the national average of $1,430 and 2.4% cheaper than the state average of $1,260.

Can I afford Towanda?
To live comfortably in Towanda (zip 61776), Illinois, a minimum annual income of $42,480 for a family, and $39,600 for a single person is recommended.

What does A.I. say about Towanda?
The cost of living in 61776 Towanda, IL is quite affordable, with housing prices well below the national average. The median value of homes in the area is around $82,000, and rental costs can range from $600 to $900 for a two bedroom apartment. Other living expenses such as groceries, transportation, and utilities are also fairly low in the area. Overall, Towanda is an excellent place to live for those looking for a small town atmosphere at an affordable price.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesTowandaIllinoisUnited States
    Unlock93.7100.0
  97.3  Unlock100.0
    Unlock96.9100.0
  61.9  Unlock100.0
    Unlock$241,700$338,100
  99.2  Unlock100.0
    Unlock106.2100.0
  138.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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