Housing costs in Alhambra?
A typical home costs
$212,500, which is 37.1% less expensive than the national average of
$338,100 and 12.1% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Alhambra costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 46.5% cheaper than the state average of
$1,260.
Can I afford Alhambra?
To live comfortably in Alhambra (zip 62001), Illinois, a minimum annual income of
$40,680 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Alhambra?
The cost of living in 62001 Alhambra, IL is relatively low compared to other areas. The median home price is around $95,000, which is much lower than the national average of $231,200. Additionally, rental prices are also below average at an average of $605 per month for a one-bedroom apartment. Other monthly expenses such as utilities and groceries are also quite affordable in this area. All in all, 62001 Alhambra provides a cost of living that can fit almost any budget.