Housing costs in East Alton?
A typical home costs
$89,700, which is 73.5% less expensive than the national average of
$338,100 and 62.9% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in East Alton costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 46.5% cheaper than the state average of
$1,260.
Can I afford East Alton?
To live comfortably in East Alton, Illinois, a minimum annual income of
$17,280 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about East Alton?
The cost of living in East Alton, IL is quite reasonable compared to other areas in the country. According to recent research, the overall cost of living index in this area is about 3% lower than the national average. The median home price in East Alton is around $80,000, which is significantly lower than many parts of the country. Additionally, other costs such as groceries, transportation, and utilities are generally cheaper than what can be found elsewhere. This makes East Alton an attractive option for those looking to move to a new city while still being able to afford their basic needs.