Housing costs in Crete?
A typical home costs
$237,400, which is 29.8% less expensive than the national average of
$338,100 and 1.8% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Crete costs
$1,130 per month, which is 21.0% cheaper than the national average of
$1,430 and 11.5% cheaper than the state average of
$1,260.
Can I afford Crete?
To live comfortably in Crete, Illinois, a minimum annual income of
$45,360 for a family, and
$39,200 for a single person is recommended.
What does A.I. say about Crete?
The cost of living in Crete, IL is quite low compared to the national average. According to BestPlaces, the cost of living index for Crete, IL is 88.3 (the national average is 100). This means that overall, goods and services are 12.7% cheaper than they would be on average in the United States. Additionally, housing in Crete is much more affordable than the national average; the median home price is just over $157k which is well below the national median home price of $231k. Renters can also find affordable apartments with the monthly median rent sitting at just over $760/month which again is below the national median rent of over $925/month. All these factors make for a great quality of life while still being able to save money for other things!