Housing costs in Effingham?
A typical home costs
$197,200, which is 41.7% less expensive than the national average of
$338,100 and 18.4% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Effingham costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 63.6% cheaper than the state average of
$1,260.
Can I afford Effingham?
To live comfortably in Effingham, Illinois, a minimum annual income of
$37,800 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Effingham?
The cost of living in Effingham, IL is quite low compared to the national average. The median home value is $90,100 and the median rent price is $661 per month. This can be attributed to a number of factors including the relatively affordable housing market and an abundance of job opportunities in the area. Furthermore, utilities such as electricity and water are very affordable as well. In general, Effingham offers a good quality of life at a lower cost than many other places in Illinois.