Housing costs in Taylor Springs?
A typical home costs
$60,400, which is 82.1% less expensive than the national average of
$338,100 and 75.0% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Taylor Springs costs
$700 per month, which is 51.0% cheaper than the national average of
$1,430 and 80.0% cheaper than the state average of
$1,260.
Can I afford Taylor Springs?
To live comfortably in Taylor Springs, Illinois, a minimum annual income of
$11,520 for a family, and
$21,600 for a single person is recommended.
What does A.I. say about Taylor Springs?
The cost of living in Taylor Springs, IL is fairly low compared to other cities in the US. According to 2020 statistics, the overall cost of living index for Taylor Springs is 82.5 which is 18.5% lower than the national average. Housing prices are quite affordable with an average median home price of $101,500 compared to a national average of $267,000. Additionally, utility costs are also relatively inexpensive. The average monthly electricity bill for a two-bedroom apartment in Taylor Springs is around $71 and the average gas bill for the same size unit is around $68 per month. With a combination of low housing costs and reasonably priced utilities, Taylor Springs provides great value for those looking to settle down or purchase a vacation home.