Housing costs in Marshall?
A typical home costs
$126,100, which is 62.7% less expensive than the national average of
$338,100 and 47.8% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Marshall costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 53.7% cheaper than the state average of
$1,260.
Can I afford Marshall?
To live comfortably in Marshall, Illinois, a minimum annual income of
$24,120 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Marshall?
The cost of living in Marshall, IL is quite reasonable. The city's overall cost of living index stands at 91, which is 9% below the US average. Housing costs are particularly low, with an average home price of around $90,000. Residents also benefit from a relatively low property tax rate of 1.6%, while utility costs are also among the lowest in the nation. Food and transportation expenses can also be kept relatively low in Marshall thanks to a variety of affordable options for both items. In short, living in Marshall allows residents to enjoy an excellent quality of life without paying exorbitant prices for basic necessities.