Housing costs in Alton?
A typical home costs
$98,500, which is 70.9% less expensive than the national average of
$338,100 and 59.2% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Alton costs
$930 per month, which is 26.2% cheaper than the national average of
$1,260 and 6.5% cheaper than the state average of
$990.
Can I afford Alton?
To live comfortably in Alton (zip 62002), Illinois, a minimum annual income of
$18,720 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Alton?
The cost of living in 62002 Alton, IL is relatively low compared to other parts of the United States. According to BestPlaces's Cost of Living Index, 62002 Alton, IL falls into the category of \Very Low\ with a score of just 51.2 out of 100. This means that basic necessities such as food and transportation are cheaper than they may be in other areas. In addition, housing costs are also quite low compared to the national average. Rent prices typically range from $450-$750 per month for a one bedroom apartment or house, with utilities and other expenses included. All in all, 62002 Alton, IL provides an excellent option for those looking for an affordable place to live.