Housing costs in Hopedale?
A typical home costs
$145,400, which is 57.0% less expensive than the national average of
$338,100 and 39.8% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Hopedale costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 44.8% cheaper than the state average of
$1,260.
Can I afford Hopedale?
To live comfortably in Hopedale, Illinois, a minimum annual income of
$27,720 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Hopedale?
Hopedale, IL offers plenty of amenities at a reasonable cost. The cost of living in Hopedale is lower than the national average, with the overall cost of living index being 88 compared to the national average of 100. The housing costs are especially low when compared to other parts of the country, with an index score of 68. This makes it a very affordable place to live for those looking to save money on their rent or mortgage. Groceries and transportation costs are also relatively low, with both scores coming in under the national average. Overall, Hopedale is an affordable place to live and makes a great home for those on a budget.