Housing costs in Assumption?
A typical home costs
$91,900, which is 72.8% less expensive than the national average of
$338,100 and 62.0% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Assumption costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 51.8% cheaper than the state average of
$1,260.
Can I afford Assumption?
To live comfortably in Assumption, Illinois, a minimum annual income of
$17,640 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Assumption?
The cost of living in Assumption, IL is quite reasonable. The median home value in the city is just under $90,000, making it a much more affordable place to live than many other cities in the region. In addition to housing costs, groceries are relatively inexpensive as well. Utilities are also relatively low when compared to other areas of the state. All in all, Assumption does offer a fairly low cost of living and is a great place for those looking to save money while still enjoying the amenities of a small community.