Housing costs in Thomson?
A typical home costs
$125,200, which is 63.0% less expensive than the national average of
$338,100 and 48.2% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Thomson costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 63.6% cheaper than the state average of
$1,260.
Can I afford Thomson?
To live comfortably in Thomson, Illinois, a minimum annual income of
$24,120 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Thomson?
The cost of living in Thomson, IL is relatively moderate compared to other cities in the region. The median household income is slightly below the national average, but the cost of housing remains fairly low. Renters can expect to pay an average monthly rent of around $800, while homeowners can expect to pay around $850 per month in mortgage payments. Other costs such as groceries, utilities, and transportation costs are also quite affordable. Overall, Thomson is an ideal place for individuals and families looking for a comfortable lifestyle without spending too much on their day-to-day expenses.