Housing costs in Cortland?
A typical home costs
$221,800, which is 34.4% less expensive than the national average of
$338,100 and 8.2% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Cortland costs
$1,390 per month, which is 2.8% cheaper than the national average of
$1,430 and 9.4% more than the state average of
$1,260.
Can I afford Cortland?
To live comfortably in Cortland (zip 60112), Illinois, a minimum annual income of
$42,480 for a family, and
$42,800 for a single person is recommended.
What does A.I. say about Cortland?
The cost of living in 60112 Cortland, IL is quite reasonable compared to other areas in the Midwest. According to data collected by BestPlaces, the overall cost of living index for this area is 82.85, which is lower than the U.S. average of 100. Additionally, housing expenses are very affordable, with an estimated monthly rent of around $728 for a one-bedroom apartment and $973 for a three-bedroom. Groceries also tend to be quite affordable in this area, making it easy to keep your food budget under control. In addition to relatively low costs of goods and services, Cortland provides plenty of recreational activities for residents at no cost or minimal fees.