Housing costs in Roanoke?
A typical home costs
$127,100, which is 62.4% less expensive than the national average of
$338,100 and 47.4% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Roanoke 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 Roanoke?
To live comfortably in Roanoke, Illinois, a minimum annual income of
$24,480 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Roanoke?
The cost of living in Roanoke, IL is quite affordable. The median household income is $38,890, and the average home price is $78,100. Utility costs are also quite low; the average electric bill for a two-bedroom apartment is just under $50 per month. In addition to low housing and living costs, there are no state taxes for residents; this makes it even easier to live comfortably on a budget. The local businesses provide plenty of opportunities for employment and entertainment, helping to make life in Roanoke enjoyable and accessible to all.