Kankakee, IL, (zip code 60901) offers an affordable cost of living with rent for a two-bedroom apartment being $1,050 versus the US average of $1,430. This is also true for grocery costs which is shown by the Grocery Cost Index in Kankakee which is 92 compared to 100 for the US. Local companies like Walmart and Hyvee offer even more savings on groceries while restaurants like Biancalana's Pizzeria and Chinese Delight provide inexpensive dining options. Whether you're looking to rent or just do some shopping, Kankakee is a great place to consider because it has a low cost of living that can be seen through its local businesses.
Kankakee (zip 60901) has an unemployment rate of 7.5%. The US average is 6.0%.
Kankakee (zip 60901) has seen the job market increase by 5.1% over the last year. Future job growth over the next ten years is predicted to be 38.9%, which is higher than the US average of 33.5%.
Tax Rates for Kankakee (zip 60901)
- The Sales Tax Rate for Kankakee (zip 60901) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Kankakee (zip 60901) 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 Kankakee (zip 60901)
- The average income of a Kankakee (zip 60901) resident is $20,097 a year. The US average is $28,555 a year.
- The Median household income of a Kankakee (zip 60901) resident is $50,202 a year. The US average is $69,021 a year.