Housing costs in Chapin?
A typical home costs
$91,300, which is 73.0% less expensive than the national average of
$338,100 and 62.2% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Chapin costs
$810 per month, which is 35.7% cheaper than the national average of
$1,260 and close to the state average of
$800.
Can I afford Chapin?
To live comfortably in Chapin (zip 62628), Illinois, a minimum annual income of
$17,640 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Chapin?
The cost of living in 62628 Chapin, IL is quite reasonable. While housing costs tend to be higher than the national average, they are still much lower than cities like Chicago or Los Angeles. The median home price in Chapin is $117,800, which is about 30% lower than the Illinois state median home price. Additionally, transportation costs are relatively low due to the area’s close proximity to St. Louis and other major cities. Groceries and health care costs are also lower than the US average, making it an affordable place to live for many families.