Housing costs in Buncombe?
A typical home costs
$109,100, which is 67.7% less expensive than the national average of
$338,100 and 54.9% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Buncombe costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 44.8% cheaper than the state average of
$1,260.
Can I afford Buncombe?
To live comfortably in Buncombe (zip 62912), Illinois, a minimum annual income of
$20,880 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Buncombe?
The cost of living in 62912 Buncombe, IL is relatively low compared to other areas of the country. The median home value in the area is $81,400 which is significantly lower than the national average of $184,700. Additionally, the median household income in 62912 is $42,436 which is also much lower than the national average of $59,039. These lower costs make this a great place to live for those seeking an affordable lifestyle. Groceries and utilities tend to be cheaper than surrounding areas as well. All in all, 62912 Buncombe offers a desirable quality of life at a fraction of the cost found elsewhere.