Housing costs in Blue Mound?
A typical home costs
$110,100, which is 67.4% less expensive than the national average of
$338,100 and 54.4% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Blue Mound costs
$1,110 per month, which is 22.4% cheaper than the national average of
$1,430 and 13.5% cheaper than the state average of
$1,260.
Can I afford Blue Mound?
To live comfortably in Blue Mound, Illinois, a minimum annual income of
$21,240 for a family, and
$36,000 for a single person is recommended.
What does A.I. say about Blue Mound?
The cost of living in Blue Mound, IL is relatively low compared to the national average. The median home price in Blue Mound is approximately $82,000, and the median household income is about $48,500. This can make the cost of living in Blue Mound very manageable for those on a budget. In terms of utilities, electricity and water costs are both quite reasonable when compared to other areas. Additionally, tax rates are relatively low for the state of Illinois. All factors considered, those looking for a place to settle down that won't break the bank should certainly consider Blue Mound as an option.