Housing costs in Champaign?
A typical home costs
$156,200, which is 53.8% less expensive than the national average of
$338,100 and 35.4% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Champaign costs
$1,150 per month, which is 8.7% cheaper than the national average of
$1,260 and 10.4% more than the state average of
$1,030.
Can I afford Champaign?
To live comfortably in Champaign (zip 61821), Illinois, a minimum annual income of
$29,880 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about Champaign?
The cost of living in 61821 Champaign, IL is fairly reasonable when compared to other areas in the nation. The median home price for this zip code is around $170,000, which is significantly less expensive than the state median of $213,400 and the national median of $231,400. Rent prices for single-family homes range from about $900 to $1,700 per month depending on size and location. Groceries cost slightly more than average in 61821 Champaign, IL—the overall grocery index being around 104.5—but are still affordable for most residents. Additionally, utilities cost an average of $114 per month here compared to the national average of $147. In short, 61821 Champaign provides a great quality of life at an affordable cost.