Housing costs in Philo?
A typical home costs
$204,900, which is 39.4% less expensive than the national average of
$338,100 and 15.2% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Philo costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and 27.3% cheaper than the state average of
$1,260.
Can I afford Philo?
To live comfortably in Philo, Illinois, a minimum annual income of
$39,240 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Philo?
The cost of living in Philo, IL is quite affordable. The area's median home value is only $85,000 and the median rent rate is only $650. This makes it quite easy to find a place to live that suits your budget. Additionally, groceries and other essentials are quite cheap, allowing locals to save money while still enjoying a great quality of life. The overall cost of living in Philo, IL is far lower than most cities across the United States.