Housing costs in Maquon?
A typical home costs
$100,100, which is 70.4% less expensive than the national average of
$338,100 and 58.6% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Maquon costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 63.6% cheaper than the state average of
$1,260.
Can I afford Maquon?
To live comfortably in Maquon, Illinois, a minimum annual income of
$19,080 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Maquon?
The cost of living in Maquon, IL is relatively low compared to the national average. According to Sperling's Best Places, the city has a cost of living index of 87.1, which is 13.9% lower than the US average. This means that groceries, housing, utilities, and other goods and services are more affordable for those living in Maquon than most other cities throughout the country. Furthermore, the median household income in Maquon is $49,375 per year and median home values are approximately $85,700 as of 2018 - both figures which are well below the US averages for these categories. All these facts combined make Maquon an attractive place to live due to its low cost of living that allows locals to save money on their daily expenses.