Housing costs in Ripley?
A typical home costs
$57,600, which is 83.0% less expensive than the national average of
$338,100 and 76.2% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Ripley 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 Ripley?
To live comfortably in Ripley, Illinois, a minimum annual income of
$11,160 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Ripley?
The cost of living in Ripley, IL is relatively low. The median home value is approximately $71,100, which is about 45% lower than the national average. Additionally, consumer prices are nearly 16% lower than the national average. This makes it an ideal place to live for those looking to save money on living costs. The overall cost of living index for Ripley is 79.8, which is slightly below the national average of 100. This means that goods and services cost roughly 20% less in Ripley than they would elsewhere in the country.