Housing costs in Fairmount?
A typical home costs
$114,400, which is 66.2% less expensive than the national average of
$338,100 and 52.7% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Fairmount costs
$760 per month, which is 46.9% cheaper than the national average of
$1,430 and 65.8% cheaper than the state average of
$1,260.
Can I afford Fairmount?
To live comfortably in Fairmount (zip 61841), Illinois, a minimum annual income of
$21,960 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Fairmount?
The cost of living in 61841 Fairmount, IL is relatively low compared to other parts of the state. Housing costs are well below the national average, and groceries are also relatively inexpensive. Other costs like utilities, transportation, and healthcare are all generally lower than the national averages as well. The area also has a wide range of entertainment and dining options without breaking the bank. Overall, 61841 Fairmount, IL is an affordable place to live with plenty of amenities for its residents.