Housing costs in Royal?
A typical home costs
$153,800, which is 54.5% less expensive than the national average of
$338,100 and 36.4% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Royal costs
$1,020 per month, which is 28.7% cheaper than the national average of
$1,430 and 23.5% cheaper than the state average of
$1,260.
Can I afford Royal?
To live comfortably in Royal, Illinois, a minimum annual income of
$29,520 for a family, and
$34,400 for a single person is recommended.
What does A.I. say about Royal?
The cost of living in Royal, IL is quite reasonable compared to other areas nearby. The median home price here is approximately $170,000 which is well below the national average. In addition, groceries, healthcare and transportation costs are all remarkably low when compared to neighboring cities and towns. Additionally, Royal has a low rate of unemployment with plenty of job opportunities in the area. All of this makes Royal an attractive place to live for those looking for a more affordable lifestyle.