Housing costs in Decatur?
A typical home costs
$112,300, which is 66.8% less expensive than the national average of
$338,100 and 53.5% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Decatur costs
$780 per month, which is 38.1% cheaper than the national average of
$1,260 and 10.3% cheaper than the state average of
$860.
Can I afford Decatur?
To live comfortably in Decatur (zip 62523), Illinois, a minimum annual income of
$21,600 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Decatur?
The cost of living in 62523 Decatur, IL is very reasonable compared to other cities in the United States. The median home value in Decatur is around $85,500 and the median rent is $863 per month. Additionally, the cost of groceries and other necessities are lower than the national average. This makes Decatur a great place to live for people on a budget or looking to stretch their dollars.