Housing costs in Georgetown?
A typical home costs
$66,400, which is 80.4% less expensive than the national average of
$338,100 and 72.5% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Georgetown costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and 37.0% cheaper than the state average of
$1,260.
Can I afford Georgetown?
To live comfortably in Georgetown, Illinois, a minimum annual income of
$12,600 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Georgetown?
Georgetown, IL is known for being a relatively affordable place to live. The median home value in Georgetown is around $123,600 and the median rent price is $873 per month, making it an accessible option for renters and potential home buyers alike. The cost of living in Georgetown is 6.5% lower than the Illinois average, offering savings compared to some other parts of the state. Additionally, residents can take advantage of local amenities like grocery stores, schools and parks while still having access to larger cities like Champaign or Indianapolis.