Paloma, IL Economy

Paloma, IL is a small town located in the northern part of Illinois. It has a population of just under 2,000 people and is known for its affordability and livability. The average two-bedroom rent is $1,430 per month which is significantly lower than the US average of $1,500. Additionally, the Grocery Cost Index in Paloma is slightly below the US average at 100 versus 100 in the US. This makes it an ideal place to live if you are looking for a smaller, budget friendly option.
Notable local businesses include Paloma Supermarket & Deli, El Rancho Mexican Restaurant, K&M Groceries & Deli, and Schmelzer's Hardware & Rental. All of these businesses provide excellent services to residents of Paloma and offer great value for money as well.