Housing costs in Belknap?
A typical home costs
$93,700, which is 72.3% less expensive than the national average of
$338,100 and 61.2% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Belknap 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 Belknap?
To live comfortably in Belknap (zip 62908), Illinois, a minimum annual income of
$18,000 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Belknap?
The cost of living in 62908 Belknap, IL is relatively low compared to other areas of the country. The median home value is $121,600 and the median household income is $58,225. Residents benefit from a low cost of living because there are no state income taxes and property taxes are among the lowest in the nation. Additionally, goods and services tend to be priced reasonably due to the small population size. Groceries and healthcare costs are particularly affordable in this area, making it a great place for those looking to save on expenses.