Housing costs in Mill Shoals?
A typical home costs
$76,800, which is 77.3% less expensive than the national average of
$338,100 and 68.2% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Mill Shoals 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 Mill Shoals?
To live comfortably in Mill Shoals, Illinois, a minimum annual income of
$14,760 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Mill Shoals?
Mill Shoals, IL is a great place to live with a low cost of living. The median home value is $77,000, making it one of the most affordable towns in the state. The median household income is also relatively low at just over $42,000 a year. This makes it easy for people to buy or rent homes without breaking the bank. Property taxes are also quite low and utilities are reasonable as well, making life here an affordable option for many families. With a great school system and plenty of activities for residents to enjoy, Mill Shoals is an ideal place to call home.