Housing costs in Swansea?
A typical home costs
$210,700, which is 37.7% less expensive than the national average of
$338,100 and 12.8% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Swansea costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 43.2% cheaper than the state average of
$1,260.
Can I afford Swansea?
To live comfortably in Swansea, Illinois, a minimum annual income of
$40,320 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Swansea?
Swansea, IL is known for its low cost of living. According to Best Places, the cost of living in Swansea is 14% lower than the Illinois average and 13% lower than the national average. This makes it a great place for those looking to save money on everyday expenses. Housing costs are also very reasonable in Swansea, with the median home price at around $190,000 - significantly lower than the state average of $213,000. Additionally, the unemployment rate in Swansea is typically lower than both state and national averages, meaning that there are plenty of jobs available for those who want to move to this small town.