Housing costs in Hampshire?
A typical home costs
$316,700, which is 6.3% less expensive than the national average of
$338,100 and 31.0% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Hampshire costs
$1,960 per month, which is 37.1% more than the national average of
$1,430 and 35.7% more than the state average of
$1,260.
Can I afford Hampshire?
To live comfortably in Hampshire, Illinois, a minimum annual income of
$60,840 for a family, and
$68,400 for a single person is recommended.
What does A.I. say about Hampshire?
The cost of living in Hampshire, IL is relatively affordable compared to other parts of the country. The median home price is around $170,000, and the average rent for a one-bedroom apartment is just under $900 per month. Grocery prices are slightly higher than the national average, while utility costs tend to be lower. Residents also enjoy low sales taxes and an overall affordable lifestyle.