Housing costs in Essex?
A typical home costs
$220,700, which is 34.7% less expensive than the national average of
$338,100 and 8.7% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Essex costs
$1,310 per month, which is 8.4% cheaper than the national average of
$1,430 and 3.8% more than the state average of
$1,260.
Can I afford Essex?
To live comfortably in Essex, Illinois, a minimum annual income of
$42,120 for a family, and
$39,600 for a single person is recommended.
What does A.I. say about Essex?
Essex, IL is an affordable place to live in Illinois. The cost of living in Essex is lower than the US average, making it an attractive option for those looking to save money. Housing prices are quite low compared to other areas in the state, with a median home value of approximately $100,000 and a median rent of about $900 per month. Additionally, groceries and utilities are also reasonably priced. Overall, Essex is a great place to settle down for anyone looking for an inexpensive place to call home.