Housing costs in Herrick?
A typical home costs
$93,800, which is 72.3% less expensive than the national average of
$338,100 and 61.2% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Herrick costs
$760 per month, which is 46.9% cheaper than the national average of
$1,430 and 65.8% cheaper than the state average of
$1,260.
Can I afford Herrick?
To live comfortably in Herrick, Illinois, a minimum annual income of
$18,000 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Herrick?
The cost of living in Herrick, IL is generally quite affordable. The median home price in the town is around $80,000 which is significantly lower than the national median. Additionally, groceries and other necessities are fairly priced compared to most areas in the country. Residents can also take advantage of a number of tax breaks which make it even more cost effective to live in Herrick. Furthermore, with such low housing costs and moderate taxes, many people find that they can save a significant amount of money each month when living in the town.