Coffeen, Illinois is a great place to live due to its low cost of living. The average two bedroom rent in Coffeen is $800 per month which is much lower than the US national average of $1,430. The grocery cost index in Coffeen is also significantly lower at 91 versus the US index of 100. This means that groceries are even cheaper in Coffeen. There are many local businesses in Coffeen such as Jones Motors, Hoffmann's Furniture and Appliances, and Small Town Supermarket. These businesses provide great service and products to the residents of Coffeen for much lower prices than you would find elsewhere. Other cost of living comparisons between the US and Coffeen include transportation costs (public transport is free in Coffeen), utility costs (utilities are around 20% cheaper in Coffeen), and housing costs (housing costs are around 40% lower). Overall, living in Coffeen can save you money on all your day-to-day expenses!
Coffeen (zip 62017) has an unemployment rate of 6.4%. The US average is 6.0%.
Coffeen (zip 62017) has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 26.7%, which is lower than the US average of 33.5%.
Tax Rates for Coffeen (zip 62017)
- The Sales Tax Rate for Coffeen (zip 62017) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Coffeen (zip 62017) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Coffeen (zip 62017)
- The average income of a Coffeen (zip 62017) resident is $33,825 a year. The US average is $37,638 a year.
- The Median household income of a Coffeen (zip 62017) resident is $52,188 a year. The US average is $69,021 a year.