Housing costs in Mercer?
A typical home costs
$133,000, which is 60.7% less expensive than the national average of
$338,100 and 45.0% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Mercer costs
$910 per month, which is 36.4% cheaper than the national average of
$1,430 and 38.5% cheaper than the state average of
$1,260.
Can I afford Mercer?
To live comfortably in Mercer Illin County, Illinois, a minimum annual income of
$25,560 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Mercer?
Mercer, IL County has an average cost of living 76.4 which is 24.6% lower than the U.S. average of 100. This lower cost of living can be attributed to the median house value in Mercer, IL County being $133,000 which is 61.1% lower than the U.S. average of $338,100. This makes Mercer County a great place for anyone looking to save money while still finding a comfortable place to live and call home.