Housing costs in Macomb?
A typical home costs
$87,900, which is 74.0% less expensive than the national average of
$338,100 and 63.6% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Macomb costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 59.5% cheaper than the state average of
$1,260.
Can I afford Macomb?
To live comfortably in Macomb Illin Metro Area, Illinois, a minimum annual income of
$16,920 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Macomb?
The cost of living in Macomb, IL Metro Area is significantly lower than the national average. According to data from the US Bureau of Economic Analysis, the median house value in Macomb is $87,900, which is much lower than the national average of $338,100. Additionally, the cost of living index in Macomb is 68.8 compared to the national average of 100. This suggests that overall expenses for goods and services in Macomb are much cheaper than other parts of the country. As such, individuals looking for a more affordable place to live could find some attractive options in Macomb.