Housing costs in Anchor?
A typical home costs
$138,500, which is 59.0% less expensive than the national average of
$338,100 and 42.7% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Anchor costs
$1,030 per month, which is 28.0% cheaper than the national average of
$1,430 and 22.3% cheaper than the state average of
$1,260.
Can I afford Anchor?
To live comfortably in Anchor (zip 61720), Illinois, a minimum annual income of
$26,640 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Anchor?
The cost of living in 61720 Anchor, IL is relatively inexpensive compared to other parts of the country. The median home value is only $87,600, well below the state average. The median rent for a two- bedroom apartment is about $700 per month. Utilities such as electricity and water are fairly inexpensive as well. Food costs are also low, with groceries costing about 11% less than the national average. Property taxes are also reasonable, with an effective rate of just 0.79%. Overall, the cost of living in 61720 Anchor, IL is quite inexpensive and provides plenty of opportunities for budget-conscious individuals and families.