Housing costs in Champaign?
A typical home costs
$141,900, which is 58.0% less expensive than the national average of
$338,100 and 41.3% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Champaign costs
$1,110 per month, which is 11.9% cheaper than the national average of
$1,260 and 7.2% more than the state average of
$1,030.
Can I afford Champaign?
To live comfortably in Champaign (zip 61820), Illinois, a minimum annual income of
$27,360 for a family, and
$37,600 for a single person is recommended.
What does A.I. say about Champaign?
The cost of living in 61820 Champaign, IL is relatively affordable compared to other cities in the US. The average rent for a one-bedroom apartment is around $654 per month, while the median home price is just over $130,000. The area also offers plenty of amenities such as restaurants, shops, and entertainment venues without breaking the bank. Additionally, the unemployment rate is below the national average at 5%, which may help to drive down overall costs. On the whole, Champaign offers a great quality of life at an affordable cost for those looking to settle down in Illinois.