Housing costs in Lawrence?
A typical home costs
$0, which is 100.0% less expensive than the national average of
$338,100 and 100.0% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Lawrence costs
$1,210 per month, which is 15.4% cheaper than the national average of
$1,430 and 4.1% cheaper than the state average of
$1,260.
Can I afford Lawrence?
To live comfortably in Lawrence, Illinois, a minimum annual income of
$28,080 for a family, and
$42,000 for a single person is recommended.
What does A.I. say about Lawrence?
The cost of living in Lawrence, IL is slightly lower than the national average. According to the United States Department of Labor’s Cost of Living Index, the median house value in Lawrence is slightly lower than the US average house value at $338,100. This means that in Lawrence, you can expect to pay less for housing than in other cities across the country. Despite being lower than average, Lawrence still offers a wide range of amenities and services for its residents that rival larger cities while keeping costs low.