Housing costs in Morgan?
A typical home costs
$105,200, which is 68.9% less expensive than the national average of
$338,100 and 56.5% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Morgan costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 57.5% cheaper than the state average of
$1,260.
Can I afford Morgan?
To live comfortably in Morgan Illin County, Illinois, a minimum annual income of
$20,160 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Morgan?
The cost of living in Morgan, IL County is quite a bit lower than the national average. In Morgan, the cost of living index is 72.9, which is about 27% lower than the US average of 100. This low cost of living makes buying a house in Morgan a much more affordable option when compared to other parts of the country. The median house value in Morgan County is $105,200, significantly less expensive than the US average of $338,100.