Housing costs in Champaign?
A typical home costs
$276,100, which is 18.3% less expensive than the national average of
$338,100 and 14.2% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Champaign costs
$1,300 per month, which is 3.2% more than the national average of
$1,260 and 20.8% more than the state average of
$1,030.
Can I afford Champaign?
To live comfortably in Champaign (zip 61822), Illinois, a minimum annual income of
$52,920 for a family, and
$44,000 for a single person is recommended.
What does A.I. say about Champaign?
The cost of living in Champaign, IL (zip code 61822) is relatively low compared to other parts of the United States. The median home value in the area is around $153,000, which is lower than the national median. Rent and utilities also tend to be on the cheaper side, with an average rent for a one-bedroom apartment being around $810/month. However, other goods and services can be slightly more expensive due to the smaller local population. Groceries and transportation costs are higher than they would be in larger cities. All in all, it's still a great place to live if you're looking for affordable living costs.