Housing costs in Golden Gate?
A typical home costs
$64,400, which is 81.0% less expensive than the national average of
$338,100 and 73.4% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Golden Gate costs
$600 per month, which is 58.0% cheaper than the national average of
$1,430 and 110.0% cheaper than the state average of
$1,260.
Can I afford Golden Gate?
To live comfortably in Golden Gate, Illinois, a minimum annual income of
$12,240 for a family, and
$18,400 for a single person is recommended.
What does A.I. say about Golden Gate?
The cost of living in Golden Gate, IL is relatively low compared to other cities. The median home price is around $165,000, making it an affordable place to live for those on a budget. Additionally, the average monthly rent for a one-bedroom apartment is only $750 and utilities are very reasonable. Groceries and other basic needs can also be purchased at a discounted rate due to local businesses that offer discounts. Furthermore, public transportation is easily accessible and tax rates remain lower than the national average. All of these factors make Golden Gate an attractive place for budget conscious individuals who want to live near the city while keeping their expenses low.