Housing costs in Erie?
A typical home costs
$140,800, which is 58.4% less expensive than the national average of
$338,100 and 41.7% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Erie 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 Erie?
To live comfortably in Erie, Illinois, a minimum annual income of
$27,000 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Erie?
Erie, IL has a cost of living that is below the United States average. The cost for basic necessities like housing, groceries and utilities are all generally lower than other parts of the country. Additionally, the city offers competitive taxes that make it more affordable to do business in Erie. In terms of recreation and entertainment, residents can take advantage of nearby parks and attractions without having to break the bank. Overall, living in Erie is an affordable option for most people looking to find a place to call home.