Housing costs in Cornell?
A typical home costs
$128,000, which is 62.1% less expensive than the national average of
$338,100 and 47.0% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Cornell costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 48.2% cheaper than the state average of
$1,260.
Can I afford Cornell?
To live comfortably in Cornell (zip 61319), Illinois, a minimum annual income of
$24,480 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Cornell?
The cost of living in 61319 Cornell, IL is quite affordable. According to a recent report from the US Census Bureau, the median household income for residents of this zip code is $74,067. This number is slightly higher than the median household income for Illinois overall. The estimated median value of owner-occupied housing units in 61319 Cornell, IL is $189,400, which is a bit higher than the state median. Overall rents in this zip code are relatively low when compared to nearby areas and renters can expect to pay around $1,000 a month for a one-bedroom apartment. Groceries and other essential items are also reasonably priced and residents can find deals by comparison shopping at the local grocery stores.