Housing costs in Berkeley?
A typical home costs
$253,600, which is 25.0% less expensive than the national average of
$338,100 and 4.9% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Berkeley costs
$1,180 per month, which is 17.5% cheaper than the national average of
$1,430 and 6.8% cheaper than the state average of
$1,260.
Can I afford Berkeley?
To live comfortably in Berkeley, Illinois, a minimum annual income of
$48,600 for a family, and
$41,200 for a single person is recommended.
What does A.I. say about Berkeley?
The cost of living in Berkeley, IL is slightly higher than the national average, but still remains relatively affordable for individuals and families alike. The cost of housing is particularly attractive, with an average price of just over $180,000. This makes the town a great choice for those looking to purchase a home and settle down in the area. Additionally, groceries and health care are broadly priced similarly to the national average, while utility costs remain low with an average electricity bill around $100 per month. All told, living in Berkeley has its advantages due to its affordability relative to other towns and cities in Illinois.