Housing costs in Cave In Rock?
A typical home costs
$95,800, which is 71.7% less expensive than the national average of
$338,100 and 60.4% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Cave In Rock costs
$680 per month, which is 52.4% cheaper than the national average of
$1,430 and 85.3% cheaper than the state average of
$1,260.
Can I afford Cave In Rock?
To live comfortably in Cave In Rock (zip 62919), Illinois, a minimum annual income of
$18,360 for a family, and
$20,800 for a single person is recommended.
What does A.I. say about Cave In Rock?
The cost of living in 62919 Cave In Rock, IL is quite affordable. The state's median household income sits at just over $45,000, while the median home price is just under $85,000. This makes the area an ideal spot for those looking to buy a home that won't break their budget. Taxes are also relatively low, with a sales tax rate of just 6.25% and property taxes below the national average. The local unemployment rate is slightly above the national average at 4.7%, but this is still much lower than neighboring states like Kentucky and Missouri. With such affordable costs of living, it's no wonder that many people flock to 62919 Cave In Rock for their dream home or retirement destination.