Housing costs in Albany?
A typical home costs
$136,000, which is 59.8% less expensive than the national average of
$338,100 and 43.7% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Albany costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 55.6% cheaper than the state average of
$1,260.
Can I afford Albany?
To live comfortably in Albany (zip 61230), Illinois, a minimum annual income of
$25,920 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Albany?
Living in 61230 Albany, IL is quite affordable. According to the most recent data from the BestPlaces Bureau, the median home value in 61230 is $84,900 and the median household income is $50,673. This makes it one of the most affordable places to live in Illinois. Moreover, groceries and other essential items are also fairly priced here. Overall, residents of 61230 enjoy a low cost of living with plenty of amenities to make living comfortable and enjoyable at a reasonable price.