Housing costs in Weldon?
A typical home costs
$92,400, which is 72.7% less expensive than the national average of
$338,100 and 61.8% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Weldon costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 41.6% cheaper than the state average of
$1,260.
Can I afford Weldon?
To live comfortably in Weldon, Illinois, a minimum annual income of
$17,640 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Weldon?
The cost of living in Weldon, IL is quite affordable. The median home price in Weldon is $80,000, which is much less than the national average. In addition, the cost of living index for Weldon is 86.2, which is nearly 15 points below the national average. This means that overall, goods and services are 14.8% cheaper than the nationwide averages. Transportation costs are also lower as the average commute time is only 20 minutes and there are several public transportation options available. Overall, living in Weldon is an affordable option for families and businesses alike.