Housing costs in Teutopolis?
A typical home costs
$238,600, which is 29.4% less expensive than the national average of
$338,100 and 1.3% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Teutopolis costs
$730 per month, which is 49.0% cheaper than the national average of
$1,430 and 72.6% cheaper than the state average of
$1,260.
Can I afford Teutopolis?
To live comfortably in Teutopolis (zip 62467), Illinois, a minimum annual income of
$45,720 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Teutopolis?
The cost of living in Teutopolis, IL (Zip Code 62467) is quite reasonable. In comparison to the U.S. average, the cost of living index for Teutopolis is 79.4, which means that it is 19.6% lower than the national average. This makes Teutopolis a great place to live on a budget since the cost of rent, utilities, transportation and groceries are all lower than what one would find in larger cities or metropolitan areas. Additionally, housing prices are also quite affordable with median home values being around $125,800 and median rents at around $650 per month. All in all, Teutopolis offers a relatively low cost of living compared to other parts of the country making it an ideal location for people looking to live on a smaller budget while still enjoying a rural lifestyle.