Housing costs in Poplar Grove?
A typical home costs
$211,900, which is 37.3% less expensive than the national average of
$338,100 and 12.3% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Poplar Grove costs
$1,400 per month, which is 2.1% cheaper than the national average of
$1,430 and 10.0% more than the state average of
$1,260.
Can I afford Poplar Grove?
To live comfortably in Poplar Grove, Illinois, a minimum annual income of
$40,680 for a family, and
$42,400 for a single person is recommended.
What does A.I. say about Poplar Grove?
The cost of living in Poplar Grove, IL is quite low compared to other cities in the area. For example, the median home price in Poplar Grove is $174,800, which is significantly less than the U.S. average of $217,600. Additionally, the overall cost of living here is 12% lower than the national average. In comparison to larger cities nearby like Rockford and Elgin, Poplar Grove residents are able to take advantage of more affordable prices on housing and groceries due to a smaller population size and less competition for goods and services. As a result, those looking for an affordable place to live should certainly consider Poplar Grove as an option when looking at their options.