Housing costs in Towanda?
A typical home costs
$214,900, which is 36.4% less expensive than the national average of
$338,100 and 11.1% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Towanda costs
$1,220 per month, which is 14.7% cheaper than the national average of
$1,430 and 3.3% cheaper than the state average of
$1,260.
Can I afford Towanda?
To live comfortably in Towanda, Illinois, a minimum annual income of
$41,040 for a family, and
$39,200 for a single person is recommended.
What does A.I. say about Towanda?
The cost of living in Towanda, IL is relatively low compared to other cities in the United States. The median home value is $95,000, which is much lower than the national median of $205,000. Property taxes are also significantly lower than the national rate, making housing very affordable for residents. Costs of food and basic necessities are also quite reasonable in comparison to other areas in the country. This makes Towanda a great place to live for people looking for an affordable lifestyle without having to sacrifice too much comfort or convenience.