Housing costs in Mount Sterling?
A typical home costs
$107,500, which is 68.2% less expensive than the national average of
$338,100 and 55.5% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Mount Sterling costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 63.6% cheaper than the state average of
$1,260.
Can I afford Mount Sterling?
To live comfortably in Mount Sterling, Illinois, a minimum annual income of
$20,520 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Mount Sterling?
The cost of living in Mount Sterling, IL is relatively low compared to other parts of the country. The median home value is around $88,000 which is far lower than the national average. The median monthly rent is also very affordable at just around $600 per month. The property taxes also tend to be lower than in some other locations. Overall, it's an affordable place to live with a strong sense of community that makes it all the more attractive.