Housing costs in East St. Louis?
A typical home costs
$73,700, which is 78.2% less expensive than the national average of
$338,100 and 69.5% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in East St. Louis costs
$940 per month, which is 25.4% cheaper than the national average of
$1,260 and 5.3% cheaper than the state average of
$990.
Can I afford East St. Louis?
To live comfortably in East St. Louis (zip 62205), Illinois, a minimum annual income of
$14,040 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about East St. Louis?
The cost of living in 62205 East St. Louis, IL is relatively low compared to the US average. According to BestPlaces, the cost of living index in East St Louis is 63.7, which is 37.3% lower than the US average. Housing costs in particular are significantly cheaper in this area with median home prices sitting at just over $50,000 and monthly rent for a one-bedroom apartment averaging around $400 a month. Grocery store prices and utilities are also well below national averages, making it surprisingly affordable to live in East St. Louis without compromising on quality of life or access to amenities.