Housing costs in Germantown?
A typical home costs
$177,900, which is 47.4% less expensive than the national average of
$338,100 and 26.4% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Germantown costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 50.0% cheaper than the state average of
$1,260.
Can I afford Germantown?
To live comfortably in Germantown (zip 62245), Illinois, a minimum annual income of
$34,200 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Germantown?
The cost of living in 62245 Germantown, IL is relatively low compared to other parts of the country. The median home value in this zip code is around $119,400 and the median household income is $50,722. This combination of lower home prices and higher incomes make it possible for people to live comfortably while still having some money available for leisure activities or savings. The cost of groceries and other basic necessities are also fairly inexpensive, meaning that residents can stretch their dollar further than they would in other areas. In general, 62245 Germantown, IL is a great place to live that offers an affordable lifestyle to its residents.