Find Out Where Geneva Ranks In Household Bills: Report

GENEVA, IL — According to a recent report, Illinois residents pay an average of 4 percent more on household bills than the U.S. average. Doxo, an online bill payment service, released a report ranking the highest and lowest towns and cities in Illinois for household expenses.

DoxoInsights took a look at 227 towns and cities in Illinois, as well as the rest of the country, for the report. According to the report, the average household in Geneva pays $2,897 per month ($34,763 per year) on the 10 most common household bills, which ranks it as the No. X most expensive city/town in Illinois. Nationally, Americans pay $2,126 monthly on average for all services.

In addition, Geneva household bills are 36 percent higher than the U.S. average in the Cost of Bills Index (household bills expense per month, including housing). Bills in Geneva households are $9,250 higher per year than the U.S. average.

According to the report, household bills account for 24 percent of annual household income, which averages $143,697 in Geneva.

The report looked at mortgage, rent, auto loans, utilities, auto insurance, health insurance, mobile phone, cable and internet, alarm and security, and life insurance. Here is a breakdown of how much Geneva residents pay monthly for each service compared to the rest of the country.

• Mortgage — Geneva residents pay $2,514 monthly vs. the national average ($1,402 monthly)
• Rent — residents pay $1,748 vs. the national average ($1,300)
• Auto loans — residents pay $509 vs. the national average ($496)
• Utilities — residents pay $330 vs. the national average ($362)
• Auto insurance — residents pay $208 vs. the national average ($209)
• Health insurance — residents pay $102 vs. the national average ($114)
• Mobile phone — residents pay $128 vs. the national average ($121)
• Cable and internet — residents pay $136 vs. the national average ($122)
• Life insurance — residents pay $88 vs. the national average ($87)
• Alarm and security — residents pay $91 vs. the national average ($85)

According to the report, the top 10 most expensive cities/towns for household bills in Illinois are:

1. Hinsdale — $3,551 in household bills per month
2. Winnetka — $3,541
3. Deerfield — $3,464
4. Barrington — $3,355
5. Wilmette — $3,318
6. Highland Park — $3,314
7. Lake Zurich — $3,271
8. Lake Forest — $3,255
9. Yorkville — $3,020
10. Mokena — $2,977