Housing costs in Dorchester?
A typical home costs
$122,400, which is 63.8% less expensive than the national average of
$338,100 and 49.4% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Dorchester costs
$760 per month, which is 46.9% cheaper than the national average of
$1,430 and 65.8% cheaper than the state average of
$1,260.
Can I afford Dorchester?
To live comfortably in Dorchester, Illinois, a minimum annual income of
$23,400 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Dorchester?
Dorchester, IL has a relatively low cost of living compared to the national average. The cost of housing is particularly affordable, with the median home value hovering around $68,000 and rent being approximately $571 per month. Utilities are also reasonable, averaging at about $122/month. Groceries and other daily necessities are also generally less expensive than in most other cities across the US. In addition to this, taxes are relatively low in this area. All in all, Dorchester is an attractive place to live due to its low cost of living and great quality of life.