Housing costs in Bloomington?
A typical home costs
$254,500, which is 24.7% less expensive than the national average of
$338,100 and 5.3% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Bloomington costs
$1,070 per month, which is 15.1% cheaper than the national average of
$1,260 and 7.5% more than the state average of
$990.
Can I afford Bloomington?
To live comfortably in Bloomington (zip 61704), Illinois, a minimum annual income of
$48,600 for a family, and
$34,400 for a single person is recommended.
What does A.I. say about Bloomington?
The cost of living in 61704 Bloomington, IL is quite reasonable. The median home price is around $122,500, which is much lower than the national average. The cost of groceries is also in line with the national average and there are several local stores to choose from. Additionally, utilities are very affordable with electricity costing on average 15% below the national average. With rent prices averaging about 16% below the national average, it's a great place for those looking for an affordable living situation.