Housing costs in Elliott?
A typical home costs
$86,700, which is 74.4% less expensive than the national average of
$338,100 and 64.1% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Elliott costs
$710 per month, which is 50.3% cheaper than the national average of
$1,430 and 77.5% cheaper than the state average of
$1,260.
Can I afford Elliott?
To live comfortably in Elliott, Illinois, a minimum annual income of
$16,560 for a family, and
$21,600 for a single person is recommended.
What does A.I. say about Elliott?
The cost of living in Elliott, IL is quite reasonable. The median home price for the area is around $109,000, far lower than the U.S. national average of over $200,000. Rent for a one-bedroom apartment is around $540 per month on average while utilities such as electric, gas, and water tend to remain low due to the city's favorable location within Illinois' Ameren utility district. Groceries and other daily necessities tend to be slightly lower than the national average as well while restaurants, entertainment venues, and activities ranging from movie theaters to museums can also be found at relatively affordable prices. Overall, Elliott offers an excellent quality of life with a budget-friendly cost of living that makes it a great place to live for families and individuals alike.