Housing costs in Humboldt?
A typical home costs
$106,200, which is 68.6% less expensive than the national average of
$338,100 and 56.1% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Humboldt 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 Humboldt?
To live comfortably in Humboldt, Illinois, a minimum annual income of
$20,520 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about Humboldt?
The cost of living in Humboldt, IL is quite affordable. The overall cost of living index is slightly below the national average, making it a great place to live for those looking for a more affordable lifestyle. The median home price is just over $79,000, making it very accessible to most people. Rental costs are also fairly low with the median monthly rent being around $700. Utilities and groceries tend to be cheaper than in other parts of Illinois, helping further reduce living costs for those who choose to live there. With all these factors combined, Humboldt can be an excellent choice for anyone seeking a more affordable lifestyle.