Housing costs in Gifford?
A typical home costs
$168,200, which is 50.3% less expensive than the national average of
$338,100 and 30.4% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Gifford costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 41.6% cheaper than the state average of
$1,260.
Can I afford Gifford?
To live comfortably in Gifford, Illinois, a minimum annual income of
$32,400 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Gifford?
The cost of living in Gifford, IL is quite low compared to the national average. Housing costs are among the lowest in the area, with median home prices at just over $50,000 and a median rent of around $650 per month. The cost of groceries and other necessities is also very affordable with prices lower than those found in most other parts of the state. Additionally, utility costs are considerably lower than what is found in larger cities due to Gifford's rural location. All in all, living in Gifford can be surprisingly affordable for those looking for a place to call home.