Housing costs in Ritchie?
A typical home costs
$0, which is 100.0% less expensive than the national average of
$338,100 and 100.0% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Ritchie costs
$1,110 per month, which is 22.4% cheaper than the national average of
$1,430 and 13.5% cheaper than the state average of
$1,260.
Can I afford Ritchie?
To live comfortably in Ritchie, Illinois, a minimum annual income of
$31,320 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about Ritchie?
The cost of living in Ritchie, IL is significantly lower than the US average. According to data, the house median value within the city is much lower than the US average of $338,100. This means that residents are able to purchase property for much more affordable prices in Ritchie compared to other parts of the country. Furthermore, due to a lower cost of living here, many goods and services tend to be cheaper here as well. This makes it attractive for people looking to live in a more affordable place with access to all that they need.