Housing costs in Bismarck?
A typical home costs
$126,000, which is 62.7% less expensive than the national average of
$338,100 and 47.9% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Bismarck costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 34.0% cheaper than the state average of
$1,260.
Can I afford Bismarck?
To live comfortably in Bismarck, Illinois, a minimum annual income of
$24,120 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Bismarck?
The cost of living in Bismarck, IL is relatively low compared to other cities. According to Sperling's Best Places, the cost of living index for Bismarck is 79.7, which is lower than the national average of 100. Housing costs in Bismarck are very reasonable; the median home price is $139,700, while the median rent for a two-bedroom apartment is only $813 per month. Transportation costs are also quite low; on average, gas prices hover around $2.14 per gallon and public transportation fares are very affordable. In addition, groceries and health care costs in Bismarck are below the national average. All in all, the cost of living in Bismarck makes it an appealing destination for those looking to stretch their dollar further.