Housing costs in Morrisonville?
A typical home costs
$111,200, which is 67.1% less expensive than the national average of
$338,100 and 54.0% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Morrisonville costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 51.8% cheaper than the state average of
$1,260.
Can I afford Morrisonville?
To live comfortably in Morrisonville, Illinois, a minimum annual income of
$21,240 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Morrisonville?
Morrisonville, IL is an affordable place to live. The cost of living is relatively low in comparison to many other cities and towns throughout the state of Illinois. Groceries, transportation costs, and other basic necessities are all reasonably priced. Taxes are also reasonable and contribute to the overall affordability of the area. In addition, housing costs are relatively inexpensive when compared to neighboring towns. All of these factors make Morrisonville an attractive option for those seeking a more cost-effective lifestyle while still having access to the amenities of a larger city.