Cost of living in Lostant
Lostant, a small village in Illinois, offers a unique living experience with its own set of cost of living dynamics. Understanding these costs is crucial for anyone considering moving to or residing in this area.
This guide provides a detailed breakdown of the expenses you can expect, from dining and groceries to transportation and housing, helping you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $25 on average, with a range between $18 and $38.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $100, with prices ranging from $65 to $150.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $11.42, with a range between $10 and $14.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $5 to $10, imported beer $6 to $12, cappuccino $4 to $8, and Coke/Pepsi $2 to $4.
Grocery Prices
- Milk - Milk is priced between $0.79 and $1.45 per liter, averaging $1.01.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.76 and $6.61, with an average price of $4.16.
- Eggs (Dozen) - A dozen eggs range from $1.99 to $6, averaging $3.75.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.18 to $8.82 per kg, while oranges range from $2.18 to $11.02 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.1 and $4.41 per kg, and lettuce costs $1 to $3 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.92 and $1.32 per liter.
- Taxi Fares - Taxi fares start at $3.25, with a cost of $1.4 to $3.11 per km and $25 to $40 per hour of waiting.
- Car Purchase - A new Volkswagen Golf costs between $25,000 and $37,383.69, while a Toyota Corolla ranges from $25,000 to $28,000.
Housing Costs
- Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child - The cost for private preschool is between $2,000 and $3,000 monthly, averaging $2,550.
- International Primary School, Yearly for 1 Child - Yearly tuition for international primary school ranges from $36,000 to $45,450, averaging $42,300.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $101.66 and $295, averaging $165.59.
- Internet - Internet services range from $40 to $100, with an average cost of $61.8.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Lostant, IL, presents a moderate cost of living with relatively affordable dining and grocery prices.
Transportation costs are manageable, especially for those who own a vehicle, given the reasonable gasoline prices.
Housing and education expenses can be significant, particularly for families with children in private schools.
Conclusion
Overall, Lostant offers a balanced cost of living, making it an attractive option for those seeking a small-town lifestyle in Illinois.
While some expenses like education and housing can be high, careful budgeting and planning can help manage these costs effectively.