Cost of Living in Dalzell, IL

With a cost of living index of 76, Dalzell, IL is a very affordable place to live. Living here is 24% cheaper than the national average and 4% below the Illinois state average of 80. Dalzell is a small community of 716 residents.

Housing costs are the biggest factor in Dalzell's cost of living. The median monthly rent is $970 (26% below the US median of $1,319), and the median home value sits at $159,400 (48% below the national median of $304,900). At current prices, the median home costs roughly 2.1x the median household income — well within traditional affordability guidelines.

The median household income in Dalzell is $74,625, which is 1% lower than the national median of $75,149. Residents spend roughly 16% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

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.