Housing costs in St. Jacob?
A typical home costs
$178,900, which is 47.1% less expensive than the national average of
$338,100 and 26.0% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in St. Jacob costs
$1,200 per month, which is 16.1% cheaper than the national average of
$1,430 and 5.0% cheaper than the state average of
$1,260.
Can I afford St. Jacob?
To live comfortably in St. Jacob, Illinois, a minimum annual income of
$34,200 for a family, and
$38,000 for a single person is recommended.
What does A.I. say about St. Jacob?
The cost of living in St. Jacob, IL is relatively low compared to other parts of the country. The median home price in the town is around $150,000, which is significantly lower than other areas. Additionally, the average rental rate for a two-bedroom apartment in St. Jacob is typically around $800 per month, making it an attractive option for those seeking affordable housing options. Additionally, utilities are relatively inexpensive in St. Jacob, with electricity costing around 11 cents per kilowatt hour and natural gas rates being around 70 cents per therm. All these factors make St. Jacob an attractive option for those looking to move to an affordable area with plenty of amenities and access to larger cities nearby.