Housing costs in Leaf River?
A typical home costs
$96,000, which is 71.6% less expensive than the national average of
$338,100 and 60.3% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Leaf River costs
$1,000 per month, which is 30.1% cheaper than the national average of
$1,430 and 26.0% cheaper than the state average of
$1,260.
Can I afford Leaf River?
To live comfortably in Leaf River, Illinois, a minimum annual income of
$18,360 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Leaf River?
Leaf River, IL boasts a low cost of living compared to the national average. The median home price is a mere $71,600, nearly half of the state's median home value. Property taxes are also quite reasonable, with an effective tax rate of only 1.15%. Utility costs are also low, with residents paying an average of $90 per month for electricity and $50 per month for natural gas. This makes Leaf River an attractive option for those looking for a place to call home that won’t break the bank.