Housing costs in Durand?
A typical home costs
$167,200, which is 50.5% less expensive than the national average of
$338,100 and 30.8% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Durand costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 55.6% cheaper than the state average of
$1,260.
Can I afford Durand?
To live comfortably in Durand (zip 61024), Illinois, a minimum annual income of
$32,040 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Durand?
The cost of living in 61024 Durand, IL is relatively affordable. The median home value is $93,200, and the median rent per month is $764. Additionally, the overall cost of living index for 61024 is 85.3 which is significantly lower than the national average of 100. This means that goods and services cost less in Durand than they do in most other parts of the country. Furthermore, groceries are 4% cheaper than the national average while utilities are 12% lower. All in all, Durand is a great place to live if you're looking for an affordable city with a helpful and friendly community.