Housing costs in Ferris?
A typical home costs
$86,500, which is 74.4% less expensive than the national average of
$338,100 and 64.2% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Ferris costs
$690 per month, which is 45.2% cheaper than the national average of
$1,260 and 15.9% cheaper than the state average of
$800.
Can I afford Ferris?
To live comfortably in Ferris (zip 62336), Illinois, a minimum annual income of
$16,560 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Ferris?
The cost of living in 62336 Ferris, IL is very affordable. The area has a median home value of $85,700 which is lower than the national average. The median household income is slightly lower than the national average at $50,517 and the average rental cost for a two-bedroom apartment is $664 per month. Prices for groceries, transportation and healthcare are all below the national averages. Overall, the cost of living in 62336 Ferris, IL is quite low and provides an excellent quality of life for its residents.