Housing costs in Sterling?
A typical home costs
$111,400, which is 67.1% less expensive than the national average of
$338,100 and 53.9% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Sterling costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 57.5% cheaper than the state average of
$1,260.
Can I afford Sterling?
To live comfortably in Sterling, Illinois, a minimum annual income of
$21,240 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Sterling?
The cost of living in Sterling, IL is fairly reasonable. Groceries are especially reasonably priced, with a low sales tax rate of 6.25%. Utility costs are also quite low compared to the national average. Housing costs are also relatively affordable, with prices lower than the median U.S. home price. Overall, Sterling is an excellent value for those looking for a place to live that offers great amenities at a lower cost than many other places have to offer.