Housing costs in Hoopeston?
A typical home costs
$61,300, which is 81.9% less expensive than the national average of
$338,100 and 74.6% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Hoopeston costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 57.5% cheaper than the state average of
$1,260.
Can I afford Hoopeston?
To live comfortably in Hoopeston, Illinois, a minimum annual income of
$11,880 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Hoopeston?
Hoopeston, IL has an affordable cost of living. The overall cost of living index in Hoopeston is 79, which is 21% lower than the national average. In particular, housing costs are especially low, with the median home value in Hoopeston coming in at just $45,100, well below the national average of $184,700. Groceries and other goods and services also tend to be cheaper than the national average. Altogether, Hoopeston offers a great quality of life at an affordable price tag when compared to many other major cities across the US.