Housing costs in Cortland?
A typical home costs
$213,700, which is 36.8% less expensive than the national average of
$338,100 and 11.6% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Cortland costs
$1,440 per month, which is 0.7% more than the national average of
$1,430 and 12.5% more than the state average of
$1,260.
Can I afford Cortland?
To live comfortably in Cortland, Illinois, a minimum annual income of
$41,040 for a family, and
$44,400 for a single person is recommended.
What does A.I. say about Cortland?
The cost of living in Cortland town, IL is fairly moderate. Property taxes are relatively low, and utility rates are also competitive compared to the national average. Housing costs for both renting and buying are reasonably affordable. The median home value is $154,400, which is lower than the national median of $231,200. In addition to this, there are plenty of local restaurants with reasonable prices for dining out. Overall, Cortland town provides a good balance between affordability and quality of life.