Housing costs in Collinsville?
A typical home costs
$153,500, which is 54.6% less expensive than the national average of
$338,100 and 36.5% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Collinsville costs
$1,010 per month, which is 29.4% cheaper than the national average of
$1,430 and 24.8% cheaper than the state average of
$1,260.
Can I afford Collinsville?
To live comfortably in Collinsville, Illinois, a minimum annual income of
$29,520 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Collinsville?
The cost of living in Collinsville, IL is quite reasonable. According to BestPlaces's Cost of Living Index, the city has an index level of 77.1, which is lower than the national average. This means that the cost of living here is quite affordable compared to other cities. Property taxes are relatively low, and groceries and dining out are also reasonably priced. The overall cost of living in Collinsville is another factor that makes it a great place to live for those on a budget.