Housing costs in Menominee?
A typical home costs
$229,600, which is 32.1% less expensive than the national average of
$338,100 and 5.0% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Menominee costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 59.5% cheaper than the state average of
$1,260.
Can I afford Menominee?
To live comfortably in Menominee, Illinois, a minimum annual income of
$43,920 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Menominee?
Menominee, IL is an affordable place to live and work. According to BestPlaces, the cost of living in Menominee is about 28% lower than the national average. The cost of groceries and dining out are both slightly below the national average while housing and utilities are quite a bit less expensive. The median home price in Menominee is around $119,000 which makes owning a home very attainable compared to other areas of the country. All in all, Menominee offers a great quality of life at an affordable price.