Housing costs in Effingham?
A typical home costs
$175,300, which is 48.2% less expensive than the national average of
$338,100 and 27.5% 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 Illin Metro Area, Illinois, a minimum annual income of
$33,480 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 Metro Area is 78.7, which is significantly lower than the US average of 100. This lower cost of living can be attributed to the fact that the median house value in Effingham is $175,300, which is much lower than the US average of $338,100. This means that people can afford to buy a home in Effingham for less than they could anywhere else across the country. Furthermore, this difference in cost also translates into other areas such as food and transportation costs. Living in Effingham can be quite affordable compared to other places around the country.