Housing costs in Bishop Hill?
A typical home costs
$93,400, which is 72.4% less expensive than the national average of
$338,100 and 61.4% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Bishop Hill 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 Bishop Hill?
To live comfortably in Bishop Hill, Illinois, a minimum annual income of
$18,000 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Bishop Hill?
Bishop Hill, IL is a small town with a population of just over 590 people. Despite its size, the cost of living in Bishop Hill is surprisingly reasonable. The overall cost of living index for Bishop Hill is 81.3, which is 19.7% lower than the national average. Housing costs are especially low, with an index of 63.6 compared to the US average of 100. Utilities and transportation are also relatively affordable; the median home price in Bishop Hill is $87,400 and the median household income is $50,417. All in all, Bishop Hill offers affordable living for those looking to move away from big cities or who simply want to enjoy a rural lifestyle without breaking the bank.