Housing costs in Mount Carmel?
A typical home costs
$77,500, which is 77.1% less expensive than the national average of
$338,100 and 67.9% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Mount Carmel costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 48.2% cheaper than the state average of
$1,260.
Can I afford Mount Carmel?
To live comfortably in Mount Carmel, Illinois, a minimum annual income of
$14,760 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Mount Carmel?
The cost of living in Mount Carmel, IL is quite reasonable in comparison to other cities and towns in the region. The median home price is approximately $80,000, making it a great option for those looking for an affordable place to live. Utilities are also competitively priced for the area, with most monthly bills falling well below the national average. Combined with low taxes and plenty of local amenities, it's easy to see why Mount Carmel has become a popular choice for those seeking a comfortable yet affordable place to call home.