Housing costs in Meredosia?
A typical home costs
$67,300, which is 80.1% less expensive than the national average of
$338,100 and 72.2% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Meredosia costs
$700 per month, which is 51.0% cheaper than the national average of
$1,430 and 80.0% cheaper than the state average of
$1,260.
Can I afford Meredosia?
To live comfortably in Meredosia, Illinois, a minimum annual income of
$12,960 for a family, and
$21,200 for a single person is recommended.
What does A.I. say about Meredosia?
The cost of living in Meredosia, IL is quite reasonable with the median household income being just over $39,000. The average cost of a home in Meredosia is around $87,400, which is lower than the state and national average. Renters can also find affordable rates with the median rent rate being just under $700 per month. Food, healthcare, and transportation costs are all moderately priced as well. As such, Meredosia provides a great option for those looking for an affordable lifestyle without sacrificing quality of life.