Housing costs in Rockford?
A typical home costs
$164,600, which is 51.3% less expensive than the national average of
$338,100 and 31.9% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Rockford costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 34.0% cheaper than the state average of
$1,260.
Can I afford Rockford?
To live comfortably in Rockford Illin Metro Area, Illinois, a minimum annual income of
$31,680 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Rockford?
The cost of living in Rockford, IL Metro Area is 79.4, which is significantly lower than the US average cost of living of 100. This lower cost of living makes Rockford an attractive place to live for those looking for affordable housing. The median value for a house in the area is $164,600, which is much lower than the US average house value of $338,100. This makes it possible for people to own a home at a reasonable price in this area. With its low cost of living and reasonable home values, Rockford is an ideal place to live for those seeking an affordable lifestyle.