Housing costs in Albion?
A typical home costs
$100,900, which is 70.2% less expensive than the national average of
$338,100 and 58.3% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Albion costs
$660 per month, which is 53.8% cheaper than the national average of
$1,430 and 90.9% cheaper than the state average of
$1,260.
Can I afford Albion?
To live comfortably in Albion (zip 62806), Illinois, a minimum annual income of
$19,440 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about Albion?
The cost of living in 62806 Albion, IL is relatively affordable. The median home value in the area is $91,500, making it an ideal place for first-time home buyers and young families who are looking to start their lives off with a low mortgage. The median household income is $46,596 which also allows for a comfortable lifestyle. Grocery prices as well as other basic necessities are all very reasonable. Overall, this makes 62806 Albion, IL an excellent option for those seeking a place to settle down without having to break the bank.