Housing costs in Farmer City?
A typical home costs
$121,200, which is 64.2% less expensive than the national average of
$338,100 and 49.9% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Farmer City costs
$1,010 per month, which is 29.4% cheaper than the national average of
$1,430 and 24.8% cheaper than the state average of
$1,260.
Can I afford Farmer City?
To live comfortably in Farmer City, Illinois, a minimum annual income of
$23,400 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Farmer City?
The cost of living in Farmer City, IL is quite reasonable. The median household income is $41,322 per year and the median home value is $85,500. The monthly median rent for a one-bedroom apartment is $611 per month while the average price for a three-bedroom house or apartment is only around $950 per month. Utilities such as gas and electric tend to be reasonable as well. Food prices are also affordable with an average grocery bill costing about $150 each week. All in all, Farmer City offers its residents a great quality of life at a very reasonable price.