Housing costs in Hidalgo?
A typical home costs
$67,300, which is 80.1% less expensive than the national average of
$338,100 and 72.2% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Hidalgo costs
$740 per month, which is 48.3% cheaper than the national average of
$1,430 and 70.3% cheaper than the state average of
$1,260.
Can I afford Hidalgo?
To live comfortably in Hidalgo, Illinois, a minimum annual income of
$12,960 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Hidalgo?
The cost of living in Hidalgo, IL is relatively low compared to many other places in the US. According to Sperling's Best Places report, the overall cost of living index for Hidalgo is 77.4, which is 22.6 points lower than the national average. This means that basic expenses such as housing, groceries, and utilities are significantly more affordable for locals than in other places. Additionally, Hidalgo benefits from its proximity to larger cities like Chicago and Springfield which offer more career opportunities or entertainment if desired. All in all, Hidalgo is a great place to live with a great quality of life at an affordable cost of living.