Housing costs in Ridott?
A typical home costs
$158,300, which is 53.2% less expensive than the national average of
$338,100 and 34.5% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Ridott costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 59.5% cheaper than the state average of
$1,260.
Can I afford Ridott?
To live comfortably in Ridott, Illinois, a minimum annual income of
$30,240 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Ridott?
The cost of living in Ridott, IL is quite affordable. The median home value is around $106,800, which is significantly lower than the national average. There are also many affordable housing options in the area for those who need it. The median household income is around $63,700 per year, which is higher than the median income for the state of Illinois as a whole. In addition to low housing costs and high incomes, groceries and utilities are also relatively affordable compared to other parts of the country. All in all, Ridott offers a great quality of life at an inexpensive price.