Housing costs in Marengo?
A typical home costs
$278,600, which is 17.6% less expensive than the national average of
$338,100 and 15.3% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Marengo costs
$1,120 per month, which is 11.1% cheaper than the national average of
$1,260 and 25.0% cheaper than the state average of
$1,400.
Can I afford Marengo?
To live comfortably in Marengo (zip 60152), Illinois, a minimum annual income of
$53,280 for a family, and
$39,200 for a single person is recommended.
What does A.I. say about Marengo?
The cost of living in Marengo, IL (60152) is generally considered to be reasonable. The city has an average housing cost of $179,800, which is lower than the state median of $216,800. Meanwhile, the average household income in Marengo is around $66,809 - slightly higher than the Illinois median of $63,783. Food and groceries are also reasonably priced in Marengo, with an overall cost index just below the national average. Other essentials such as healthcare and utilities tend to be slightly more expensive in Marengo than elsewhere in Illinois. In general however, the cost of living in Marengo is very competitive and makes it an attractive place for many people to call home.