Housing costs in Belleville?
A typical home costs
$198,200, which is 41.4% less expensive than the national average of
$338,100 and 18.0% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Belleville costs
$970 per month, which is 32.2% cheaper than the national average of
$1,430 and 29.9% cheaper than the state average of
$1,260.
Can I afford Belleville?
To live comfortably in Belleville (zip 62221), Illinois, a minimum annual income of
$37,800 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Belleville?
The cost of living in 62221 Belleville, IL is relatively affordable compared to other areas in the nation. According to bestplaces.net, the overall cost of living index is 86.4, which is 14.6 points lower than the US average cost of living. This means that rent, groceries, healthcare costs and other expenses associated with daily life are lower in this area than the national average. Housing prices are particularly low with a median home value estimated at 87% lower than the national median value while rentals are also slightly more affordable than in other parts of the country. Overall, 62221 Belleville, IL offers a great opportunity for individuals and families looking to stretch their money further while still enjoying all the benefits of living in one of America’s great cities.