Housing costs in Danville?
A typical home costs
$149,200, which is 55.9% less expensive than the national average of
$338,100 and 38.3% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Danville costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 41.6% cheaper than the state average of
$1,260.
Can I afford Danville?
To live comfortably in Danville (zip 61834), Illinois, a minimum annual income of
$28,440 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Danville?
The cost of living in 61834 Danville, IL is quite affordable. The median home value is around $83,400 and the median rent is around $600 per month. Utility costs in the area are also low with the average electric bill coming in at just over $100 per month. Other expenses such as groceries, transportation, and entertainment are also affordable. All in all, it's easy to see why people choose to make 61834 Danville, IL their home given the relatively low cost of living here.