Housing costs in Georgetown?
A typical home costs
$77,800, which is 77.0% less expensive than the national average of
$338,100 and 67.8% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Georgetown costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and 37.0% cheaper than the state average of
$1,260.
Can I afford Georgetown?
To live comfortably in Georgetown (zip 61846), Illinois, a minimum annual income of
$14,760 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Georgetown?
Georgetown, IL is located in an area of the country that boasts a cost of living that is well below the national average. With an estimated cost of living index of 79.2, which is 21.8% lower than the U.S. average, Georgetown offers its residents great value for their money. This is largely due to lower housing costs and cheaper goods and services when compared to larger cities in America. Those looking to live in Georgetown can find affordable single-family homes, condos, or apartments with relative ease. The low cost of living allows for those who call Georgetown home to enjoy all that this small town has to offer while still having money left over at the end of the month for other projects or purchases they may have in mind.