Housing costs in Edgewood?
A typical home costs
$81,300, which is 76.0% less expensive than the national average of
$338,100 and 66.4% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Edgewood costs
$690 per month, which is 51.7% cheaper than the national average of
$1,430 and 82.6% cheaper than the state average of
$1,260.
Can I afford Edgewood?
To live comfortably in Edgewood (zip 62426), Illinois, a minimum annual income of
$15,480 for a family, and
$21,600 for a single person is recommended.
What does A.I. say about Edgewood?
The cost of living in 62426 Edgewood, IL is quite affordable compared to many other areas. Housing is one of the biggest factors influencing the cost of living. In Edgewood, IL the median home price is just under $60,000 which is significantly lower than the national average. The cost of groceries and utilities are also reasonable when compared to other areas in the country. The overall cost of living index score for Edgewood, IL is 83.6 which is 17.4 points below the national average making it an attractive place to live for those looking to save money on housing expenses and everyday amenities.