Cost of Living in Indianola, IL
Population: 207 | Illinois
Indianola is 21% less expensive than the national average.
Cost of Living in Indianola, IL: What You Need to Know
With a cost of living index of 79, Indianola, IL is a very affordable place to live. Living here is 21% cheaper than the national average and in line with the Illinois state average. Indianola is a small community of 207 residents.
The median household income in Indianola is $42,125, 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.
Climate is another factor for anyone considering a move to Indianola. The area sees an average annual temperature of 52.5°F, with summers averaging 73°F and winters around 29°F. Annual rainfall totals 37 inches spread over roughly 122 days. Cold winters mean higher heating bills, an important cost-of-living consideration.
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
- $42,125
- vs US Median ($75,149)
- -44%
Housing
- Median Home Value
- $61,000
- Median Monthly Housing Cost
- $471/mo
Climate in Indianola
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 34 | 39 | 52 | 65 | 76 | 84 | 85 | 84 | 79 | 67 | 52 | 39 |
| Avg °F | 26 | 30 | 41 | 53 | 64 | 73 | 75 | 73 | 67 | 55 | 42 | 31 |
| Low °F | 18 | 22 | 31 | 41 | 52 | 62 | 64 | 62 | 55 | 43 | 32 | 24 |
| Rain" | 2.1 | 1.8 | 2.6 | 3.7 | 4.4 | 4.4 | 3.9 | 3.1 | 3.1 | 3.0 | 2.9 | 2.1 |