Housing costs in Chenoa?
A typical home costs
$130,300, which is 61.5% less expensive than the national average of
$338,100 and 46.1% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Chenoa costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 50.0% cheaper than the state average of
$1,260.
Can I afford Chenoa?
To live comfortably in Chenoa, Illinois, a minimum annual income of
$24,840 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Chenoa?
The cost of living in Chenoa, IL is quite affordable. The median household income is around $60,000, which is slightly lower than the national average. The median home price in Chenoa is $90,000, which is much lower than the Illinois state average of $202,000. Other housing costs are also lower than most other cities in the state due to its small size and rural location. Groceries and utilities tend to be cheaper compared to some of the larger cities nearby as well. All these factors make Chenoa a great place to live for those looking for an affordable and comfortable lifestyle.