Housing costs in Buncombe?
A typical home costs
$103,700, which is 69.3% less expensive than the national average of
$338,100 and 57.1% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Buncombe costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 40.0% cheaper than the state average of
$1,260.
Can I afford Buncombe?
To live comfortably in Buncombe, Illinois, a minimum annual income of
$19,800 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Buncombe?
The cost of living in Buncombe, IL is relatively low compared to other areas of the country. The median home value in Buncombe is $106,000 which is significantly lower than the national average of $231,200. In addition, the median household income in Buncombe is $41,849 and the cost of groceries and utilities are also far below the national averages. This makes life in Buncombe a much more affordable option for those looking for an affordable place to live.