Housing costs in Chapin?
A typical home costs
$91,400, which is 73.0% less expensive than the national average of
$338,100 and 62.2% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Chapin costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 57.5% cheaper than the state average of
$1,260.
Can I afford Chapin?
To live comfortably in Chapin, Illinois, a minimum annual income of
$17,640 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Chapin?
The cost of living in Chapin, IL is relatively affordable. The median home price is around $81,000, which is much lower than the median home price for the state of Illinois, which is over $200,000. Additionally, the median household income in Chapin is estimated to be approximately $54,500 per year. The cost of goods and services are generally lower than the national average as well. The overall cost of living in Chapin makes it an attractive option for those looking to move or settle down in a rural Midwest town.