Housing costs in Edwardsville?
A typical home costs
$264,200, which is 21.9% less expensive than the national average of
$338,100 and 9.3% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Edwardsville costs
$1,030 per month, which is 28.0% cheaper than the national average of
$1,430 and 22.3% cheaper than the state average of
$1,260.
Can I afford Edwardsville?
To live comfortably in Edwardsville, Illinois, a minimum annual income of
$50,760 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Edwardsville?
Edwardsville, IL is known for having a relatively low cost of living compared to other cities in the US. According to Sperling’s Best Places, the cost of living in Edwardsville is 18% lower than the national average and 11% lower than the Illinois state average. Housing costs are much more affordable than the national average, with an estimated median price of $159,400 for a single-family home. Residents can also benefit from low gas prices and moderate public transportation rates. The city also offers a variety of job opportunities that provide competitive salaries and wages which further contribute to its favorable cost of living index.