Cost of Living in Cobden, IL
Population: 1,064 | Illinois
Cobden is 18% less expensive than the national average.
Cost of Living in Cobden, IL: What You Need to Know
With a cost of living index of 82, Cobden, IL is a very affordable place to live. Living here is 18% cheaper than the national average and 3% above the Illinois state average of 80. Cobden is a small community of 1,064 residents.
The median household income in Cobden is $42,250, which is 44% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $42,250
- vs US Median ($75,149)
- -44%
Housing
- Median Home Value
- $106,400
- Median Monthly Housing Cost
- $543/mo