Housing costs in Benson?
A typical home costs
$126,000, which is 62.7% less expensive than the national average of
$338,100 and 47.9% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Benson costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 55.6% cheaper than the state average of
$1,260.
Can I afford Benson?
To live comfortably in Benson (zip 61516), Illinois, a minimum annual income of
$24,120 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Benson?
Living in 61516 Benson, IL can be fairly affordable. The cost of living is slightly below the national average, and housing costs are especially low. The median home value for the area is only $56,500—much lower than the U.S. median of $181,200—and rental prices for a one-bedroom apartment range from about $550 to around $750 per month. Other living expenses like groceries and transportation remain fairly low compared to other areas across the country. All in all, 61516 Benson, IL is an ideal place for those looking to live with a lower cost of living.