Housing costs in Yale?
A typical home costs
$60,300, which is 82.2% less expensive than the national average of
$338,100 and 75.1% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Yale costs
$610 per month, which is 57.3% cheaper than the national average of
$1,430 and 106.6% cheaper than the state average of
$1,260.
Can I afford Yale?
To live comfortably in Yale, Illinois, a minimum annual income of
$11,520 for a family, and
$20,400 for a single person is recommended.
What does A.I. say about Yale?
The cost of living in Yale, IL is quite reasonable. Home prices are generally lower than the national average, and the town boasts an almost-even ratio of renters to homeowners. Rent for both houses and apartments is also relatively low, though it will vary depending on location. Utility costs tend to be very affordable, with electric and gas rates that often sit below the state average. Groceries, transportation costs, and other everyday expenses are also quite reasonable due to a large selection of local businesses offering competitive prices.