Housing costs in Mount Vernon?
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 Mount Vernon 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 Mount Vernon?
To live comfortably in Mount Vernon Illin Metro Area, 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 Mount Vernon?
The cost of living in the Mount Vernon, IL Metro Area is quite low compared to the national average. The US average Cost of Living is 100, while the Cost of Living in Mount Vernon, IL Metro Area is 73.8. This lower cost of living can be attributed to the much lower median house value which stands at $97,400 compared to the national average house value of $338,100. Despite this lower cost of living, there are still many advantages and amenities that come along with living in such an area.