Housing costs in Freeburg?
A typical home costs
$218,500, which is 35.4% less expensive than the national average of
$338,100 and 9.6% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Freeburg 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 Freeburg?
To live comfortably in Freeburg, Illinois, a minimum annual income of
$41,760 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Freeburg?
The cost of living in Freeburg, IL is relatively low compared to other parts of the United States. The median home price in Freeburg is around $126,000, which is much lower than the national average. Additionally, the cost of living index in Freeburg is approximately 88, meaning it's 12 percent below the U.S. average. The combination of these two factors makes it a very affordable place to live for those looking for an inexpensive and comfortable lifestyle. Grocery prices are also lower than average, so food costs are kept down too. All in all, Freeburg offers its residents a great quality of life at an affordable price point.