Housing costs in Ringwood?
A typical home costs
$373,000, which is 10.3% more expensive than the national average of
$338,100 and 54.3% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Ringwood costs
$1,430 per month, which is 0.0% cheaper than the national average of
$1,430 and 11.9% more than the state average of
$1,260.
Can I afford Ringwood?
To live comfortably in Ringwood, Illinois, a minimum annual income of
$71,640 for a family, and
$49,600 for a single person is recommended.
What does A.I. say about Ringwood?
The cost of living in Ringwood, IL is fairly low compared to other parts of the country. The median home value is around $180,000, which is far lower than the national average. Household incomes are also below the national average, but there are still plenty of job opportunities available. Goods and services tend to be less expensive than in other parts of the country as well. All in all, Ringwood is an excellent place to live for those who want a low cost of living without sacrificing access to amenities or job opportunities.