Housing costs in Jefferson?
A typical home costs
$97,400, which is 71.2% less expensive than the national average of
$338,100 and 59.7% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Jefferson costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 48.2% cheaper than the state average of
$1,260.
Can I afford Jefferson?
To live comfortably in Jefferson Illin County, Illinois, a minimum annual income of
$18,720 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Jefferson?
The cost of living in Jefferson, IL County is significantly lower than the US average. According to the US Average Cost of Living Index, the cost of living in this county is 74.2, which is 25.8 points lower than the national average of 100. This means that residents of Jefferson County can purchase and maintain goods and services at a relatively low cost compared to other places in the US. Furthermore, this makes Jefferson an attractive area for those interested in purchasing a home; while the median house value in Jefferson County is $97400 — much less than the national average of $338,100 — it still provides a good return on investment and an affordable quality of life.