Housing costs in Galt?
A typical home costs
$123,600, which is 63.4% less expensive than the national average of
$338,100 and 48.9% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Galt 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 Galt?
To live comfortably in Galt (zip 61037), Illinois, a minimum annual income of
$23,760 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Galt?
The cost of living in 61037 Galt, IL is relatively low compared to the rest of the US. The median home value here is $87,100, about 21% lower than the national average, and a median household income of $58,196 - 15% lower than the US average. Additionally, food and housing expenses are 7.6% lower than the national averages. With all these factors in mind, it's no surprise that living in Galt is significantly more affordable than in most other parts of the country.