Housing costs in Cordova?
A typical home costs
$180,200, which is 46.7% less expensive than the national average of
$338,100 and 25.4% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Cordova costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 44.8% cheaper than the state average of
$1,260.
Can I afford Cordova?
To live comfortably in Cordova (zip 61242), Illinois, a minimum annual income of
$34,560 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Cordova?
The cost of living in 61242 Cordova, IL is relatively low when compared to other cities and towns in the US. According to Best Places, the median home price for this area is $67,400 which is substantially lower than the national average of $232,200. Additionally, housing costs are 11% lower than the national average. The median household income in 61242 Cordova, IL is nearly $50,000 which is slightly lower than the national median household income of $55,322. In terms of groceries and health care costs in particular, they are 8% and 12% lower respectively than the rest of the nation. All-in-all, 61242 Cordova provides an affordable and comfortable living opportunity for its residents thanks to its low cost of living.