Housing costs in Paw Paw?
A typical home costs
$155,900, which is 53.9% less expensive than the national average of
$338,100 and 35.5% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Paw Paw costs
$1,090 per month, which is 23.8% cheaper than the national average of
$1,430 and 15.6% cheaper than the state average of
$1,260.
Can I afford Paw Paw?
To live comfortably in Paw Paw, Illinois, a minimum annual income of
$29,880 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Paw Paw?
The cost of living in Paw Paw, IL is relatively low compared to other areas in the United States. In terms of housing costs, the median home value is $82,300, which is significantly lower than the national average of $184,700. Renting a one-bedroom apartment averages around $500 per month. The overall cost of groceries and consumer goods in the area is about 9% less than the national average but health care remains slightly above average. Gas prices are also well below the national average at approximately $2.20 per gallon for regular unleaded fuel. All in all, living in Paw Paw, IL can provide a comfortable lifestyle without breaking the bank.