Housing costs in Arrowsmith?
A typical home costs
$135,400, which is 60.0% less expensive than the national average of
$338,100 and 44.0% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Arrowsmith costs
$1,130 per month, which is 21.0% cheaper than the national average of
$1,430 and 11.5% cheaper than the state average of
$1,260.
Can I afford Arrowsmith?
To live comfortably in Arrowsmith, Illinois, a minimum annual income of
$25,920 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Arrowsmith?
The cost of living in Arrowsmith, IL is slightly lower than the national average. The median home prices in the area are around $150,000 which is much lower than other parts of Illinois and surrounding states. Property taxes in Arrowsmith are also lower compared to most areas. In addition, the cost of groceries and other necessities are quite reasonable, making it easier for residents to save money. Overall, Arrowsmith's low cost of living makes it an attractive option for those looking to relocate or purchase a home in a smaller community.