Housing costs in Ramsey?
A typical home costs
$98,000, which is 71.0% less expensive than the national average of
$338,100 and 59.5% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Ramsey costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 63.6% cheaper than the state average of
$1,260.
Can I afford Ramsey?
To live comfortably in Ramsey, Illinois, a minimum annual income of
$18,720 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Ramsey?
Ramsey, IL is a small town with an affordable cost of living. The median home value in Ramsey is $84,800, which is below the national average. Utility costs are also low, with electricity averaging around 8 cents per kWh. The overall cost of groceries and other everyday expenses are slightly above average for the state but still remain affordable. With reasonable housing costs, combined with low utility bills and manageable grocery prices, the cost of living in Ramsey can easily fit within most budgets.