Housing costs in Godfrey?
A typical home costs
$175,900, which is 48.0% less expensive than the national average of
$338,100 and 27.2% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Godfrey costs
$1,000 per month, which is 20.6% cheaper than the national average of
$1,260 and close to the state average of
$990.
Can I afford Godfrey?
To live comfortably in Godfrey (zip 62035), Illinois, a minimum annual income of
$33,840 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Godfrey?
The cost of living in Godfrey, IL is relatively low compared to surrounding cities and states. The median home value in Godfrey is $159,500, which is lower than the state average of $183,700. Additionally, the median household income in Godfrey is $79,062 which is slightly below the national average of $52,482. Other living expenses such as food and utilities are also more affordable in Godfrey when compared with other areas of Illinois. All of these factors make it an attractive place for people looking to purchase a home and enjoy a more affordable lifestyle.