Housing costs in Godfrey?
A typical home costs
$184,100, which is 45.5% less expensive than the national average of
$338,100 and 23.8% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Godfrey 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 Godfrey?
To live comfortably in Godfrey, Illinois, a minimum annual income of
$35,280 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Godfrey?
Godfrey, IL is a great place to live, with a cost of living that is below the national average. A single person living in Godfrey can expect to pay an average of $861 per month for housing, which is lower than the national average of $1,083. Other expenses such as groceries and utilities are also lower than the national averages. Additionally, the local government provides tax incentives for businesses and organizations that are looking to contribute to the area's economy. This helps keep costs down for both individuals and businesses alike. All in all, Godfrey offers a great quality of life without breaking the bank.