Housing costs in The Galena Territory?
A typical home costs
$309,700, which is 8.4% less expensive than the national average of
$338,100 and 28.1% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in The Galena Territory 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 The Galena Territory?
To live comfortably in The Galena Territory, Illinois, a minimum annual income of
$59,400 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about The Galena Territory?
The cost of living in The Galena Territory, IL is quite reasonable compared to other areas in the country. With a median home value of $235,000 and median annual household income of $88,072, it offers an affordable lifestyle. The local economy is quite diverse, with plenty of employment opportunities available in both the public and private sectors. Additionally, the area has a low sales tax rate and property taxes are relatively low when compared to other areas in the country. Overall, The Galena Territory IL is an attractive and affordable place to live for those looking for a quiet suburban paradise.