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Cost of Living in ZIP 62021

Is it better to rent or buy in ZIP 62021? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$102,671
$1,436/mo

Median in area: $1,436

$239,162

Median in area: $239,162

$47,832

If you Rent

🔑
$1,740 /mo
Base Rent$1,436
Est. Utilities$304
% of Income20.3%
Pre-tax Residual$6,816

If you Buy

🏠
$2,072 /mo
P&I (6.924%)$1,263
Taxes & Ins$505
Est. Utilities$304
% of Income24.2%
Pre-tax Residual$6,484

Cost of Living FAQs

Is it cheaper to rent or buy in ZIP 62021?

Based on median housing data, renting is currently more affordable on a monthly basis in ZIP 62021. The estimated all-in monthly cost for renting is $1,740, while owning a median-priced home with a 20% down payment is roughly $2,072 per month (a difference of $332).

How much do utilities cost in ZIP 62021?

The average monthly utility cost (electricity and natural gas) for a typical home in ZIP 62021 is approximately $304. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in ZIP 62021?

To comfortably afford the median rent and utilities in ZIP 62021 without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $69,600 per year.