Housing costs in Gilman?
A typical home costs
$109,000, which is 67.8% less expensive than the national average of
$338,100 and 54.9% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Gilman costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 63.6% cheaper than the state average of
$1,260.
Can I afford Gilman?
To live comfortably in Gilman, Illinois, a minimum annual income of
$20,880 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Gilman?
The cost of living in Gilman, IL is quite reasonable when compared to other areas in the state. The median home price is around $59,000 - much less than the state average of $157,000 - making it a great option for those looking for an affordable place to live. The median household income is about $39,000, which is slightly below the national average but still enough to get by on. Furthermore, groceries, utilities and transportation are all relatively inexpensive. All in all, Gilman offers a good balance between affordability and quality of life.