Housing costs in Allerton?
A typical home costs
$116,800, which is 65.5% less expensive than the national average of
$338,100 and 51.7% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Allerton costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 43.2% cheaper than the state average of
$1,260.
Can I afford Allerton?
To live comfortably in Allerton (zip 61810), Illinois, a minimum annual income of
$22,320 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Allerton?
The cost of living in Allerton, IL is quite reasonable. The median household income is roughly $48,500, which is slightly higher than the national average. Additionally, housing costs are relatively low with a median home value of around $77,266 and rents averaging about $628 per month. Groceries and healthcare are similarly priced to other parts of the country. In terms of utilities, residents in Allerton pay the same rate as those living elsewhere in Illinois with electricity costing an average of $0.12/kWh and natural gas averaging around $1.13/therm. Overall, the cost of living in 61810 Allerton, IL allows individuals and families to stretch their hard-earned dollars further than if they lived elsewhere in the state or country.