Housing costs in Granite City?
A typical home costs
$94,100, which is 72.2% less expensive than the national average of
$338,100 and 61.1% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Granite City costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 50.0% cheaper than the state average of
$1,260.
Can I afford Granite City?
To live comfortably in Granite City, Illinois, a minimum annual income of
$18,000 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Granite City?
Granite City, IL is a great place to live with an affordable cost of living. The median home value is $75,600 which is much lower than both the national and state averages. Utility costs, such as electricity and water, are also moderately low compared to other parts of the state. Groceries and basic necessities are on par with the national average, making it easy to budget in Granite City. Transportation costs can be kept low too since there are several carpooling options as well as public transportation available within the city limits. Overall, Granite City's cost of living is quite reasonable for those who wish to call it home.