Housing costs in Glasgow?
A typical home costs
$78,400, which is 76.8% less expensive than the national average of
$338,100 and 67.6% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Glasgow 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 Glasgow?
To live comfortably in Glasgow, Illinois, a minimum annual income of
$15,120 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Glasgow?
The cost of living in Glasgow, IL is relatively low compared to other parts of the country. The median home value in Glasgow is $81,700, which is nearly $30,000 less than the national median home value. The median household income in the city is $49,735 per year. With lower housing costs and a lower cost of living overall, Glasgow can offer an affordable lifestyle for those looking to move to this small Illinois town. The local economy relies on agriculture and manufacturing with many residents working in these industries and commuting to nearby cities for work. Taxes are also relatively low compared to those found in larger cities across the country, making living here even more attractive for those looking for an affordable place to call home.