Housing costs in Cobden?
A typical home costs
$137,900, which is 59.2% less expensive than the national average of
$338,100 and 42.9% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Cobden costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 51.8% cheaper than the state average of
$1,260.
Can I afford Cobden?
To live comfortably in Cobden (zip 62920), Illinois, a minimum annual income of
$26,280 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Cobden?
The cost of living in 62920 Cobden, IL is quite affordable. The estimated median household income in the area is $35,944, which is well below the national median. The median house value in the area is currently around $97,800, and rental prices are quite reasonable at an average of about $726 per month. Additionally, groceries and other miscellaneous items are also reasonably priced throughout the city. All these factors make 62920 Cobden, IL an attractive and affordable place to live for its residents.