Housing costs in Bloomington?
A typical home costs
$207,300, which is 38.7% less expensive than the national average of
$338,100 and 14.2% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Bloomington costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and 27.3% cheaper than the state average of
$1,260.
Can I afford Bloomington?
To live comfortably in Bloomington Illin Metro Area, Illinois, a minimum annual income of
$39,600 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Bloomington?
The cost of living in the Bloomington, IL Metro Area is much lower than the national average. The US average Cost of Living is 100, while the cost of living in Bloominton is 81.4. This makes it a great place to live with a lower cost than many other places around the country. Furthermore, the median house value in this area is $207300, which is also considerably lower than the US average of $338100 making it an excellent choice for those looking to buy a house on a tight budget.