Housing costs in Clear Lake?
A typical home costs
$88,300, which is 73.9% less expensive than the national average of
$338,100 and 63.5% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Clear Lake 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 Clear Lake?
To live comfortably in Clear Lake, Illinois, a minimum annual income of
$16,920 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Clear Lake?
The cost of living in Clear Lake, IL is relatively low when compared to the national average. The overall cost of goods and services in the town is estimated to be 8% lower than the national average. This makes it an ideal location for those interested in saving money while still enjoying a good quality of life. Additionally, housing costs are quite affordable, with median home prices below $100,000 and rental prices averaging at around $800 per month. All in all, Clear Lake, IL offers an economical option for those looking to live in a small town.