Housing costs in Decatur?
A typical home costs
$88,900, which is 73.7% less expensive than the national average of
$338,100 and 63.2% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Decatur costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 40.0% cheaper than the state average of
$1,260.
Can I afford Decatur?
To live comfortably in Decatur (zip 62522), Illinois, a minimum annual income of
$16,920 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Decatur?
The cost of living in 62522 Decatur, IL is relatively affordable and below the national average. According to Bestplaces.net, the cost of living index in Decatur is 82.3, compared to the US average of 100. Housing expenses are a major contributing factor to the low cost of living; with an approximate median home price of $77,400 and median rent costs at $632 per month, Decatur offers more affordable housing than most other cities in the state. Additionally, food, healthcare, transportation costs are all lower than both state and national averages which make it a great place for those looking to save money while still being able to enjoy city amenities and activities.