Housing costs in Pana?
A typical home costs
$74,800, which is 77.9% less expensive than the national average of
$338,100 and 69.1% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Pana costs
$750 per month, which is 47.6% cheaper than the national average of
$1,430 and 68.0% cheaper than the state average of
$1,260.
Can I afford Pana?
To live comfortably in Pana, Illinois, a minimum annual income of
$14,400 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Pana?
Pana, IL is known for its low cost of living compared to other cities in the state. The cost of housing is very affordable, with a median home price of just over $78,000. Additionally, utilities are relatively inexpensive in Pana when compared to the rest of Illinois. Sales tax is also much lower than in many other parts of the state at just 6.25%. Grocery costs are about average for the area, making it a great place for those looking for an affordable yet comfortable lifestyle.