Housing costs in Buffalo?
A typical home costs
$148,600, which is 56.0% less expensive than the national average of
$338,100 and 38.5% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Buffalo costs
$1,000 per month, which is 30.1% cheaper than the national average of
$1,430 and 26.0% cheaper than the state average of
$1,260.
Can I afford Buffalo?
To live comfortably in Buffalo (zip 62515), Illinois, a minimum annual income of
$28,440 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Buffalo?
The cost of living in 62515 Buffalo, IL is relatively low compared to other parts of the country. According to data from the BestPlaces Bureau, the median home value in 62515 is $82,800, whereas the median household income in this area is $50,243. The average utility expenses for a month are around $140 and food expenses for a family of four range between $600 and $800 per month. Additionally, transportation costs are quite minimal due to close proximity of retail shops and services within the community. All these factors contribute to making Buffalo an affordable place to live.