Housing costs in Chemung?
A typical home costs
$163,000, which is 51.8% less expensive than the national average of
$338,100 and 32.6% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Chemung costs
$1,210 per month, which is 15.4% cheaper than the national average of
$1,430 and 4.1% cheaper than the state average of
$1,260.
Can I afford Chemung?
To live comfortably in Chemung, Illinois, a minimum annual income of
$31,320 for a family, and
$42,000 for a single person is recommended.
What does A.I. say about Chemung?
The cost of living in Chemung CDP, IL is relatively low compared to other parts of the state. Housing costs are below the national average, with a median list price of $98,000 for a single family home. Utilities and transportation costs are also lower than in other parts of Illinois. Furthermore, groceries and health care costs are generally lower than the national average. In fact, according to BestPlaces, Chemung CDP has an overall cost of living index score that is 7 points below the U.S. average. All this makes it an attractive option for anyone looking to move to rural Illinois and enjoy life at a slower pace.