Housing costs in New Berlin?
A typical home costs
$154,700, which is 54.2% less expensive than the national average of
$338,100 and 36.0% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in New Berlin costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 48.2% cheaper than the state average of
$1,260.
Can I afford New Berlin?
To live comfortably in New Berlin, Illinois, a minimum annual income of
$29,520 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about New Berlin?
New Berlin, IL is an affordable place to live. According to BestPlaces, the cost of living in New Berlin is 8.35% lower than the national average. Rent is also relatively low, with a one-bedroom apartment averaging around $650 a month and three-bedroom apartments averaging around $800 a month. Utilities are fairly inexpensive as well, coming in at an average of $160 per month. Eating out is also reasonably priced, with the cost of a meal at an inexpensive restaurant averaging at about $13. All in all, the cost of living in New Berlin is quite reasonable and provides residents with plenty of opportunities for saving money and enjoy their life without spending too much.