Housing costs in Shannon?
A typical home costs
$128,800, which is 61.9% less expensive than the national average of
$338,100 and 46.7% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Shannon costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 61.5% cheaper than the state average of
$1,260.
Can I afford Shannon?
To live comfortably in Shannon, Illinois, a minimum annual income of
$24,840 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Shannon?
The cost of living in Shannon, IL is quite reasonable. The cost of housing is relatively low compared to other cities, and the median home price in the area stands at just over $171,000. Taxes are comparable with those of other midwestern states, and overall costs are lower than the national average. Groceries and utilities are also reasonably priced, making it a great place for families to live comfortably on a budget. The city also offers plenty of shopping and dining options, ranging from quaint local stores to large retailers like Walmart and Target. With its affordable cost of living and desirable amenities, Shannon is an excellent option for anyone looking for a tight-knit community with plenty of opportunities.