Housing costs in Lake Summerset?
A typical home costs
$186,200, which is 44.9% less expensive than the national average of
$338,100 and 23.0% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Lake Summerset costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 20.0% cheaper than the state average of
$1,260.
Can I afford Lake Summerset?
To live comfortably in Lake Summerset, Illinois, a minimum annual income of
$35,640 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Lake Summerset?
The cost of living in Lake Summerset, IL is very reasonable. The median home price is just under $140,000, making it an affordable place to live for people on all kinds of budgets. The utility costs are also quite low, with electricity and gas costing around 10% less than the national average. Additionally, food prices are relatively cheap compared to other areas of Illinois. All in all, Lake Summerset offers a great quality of life at a very affordable price.