Housing costs in Hamilton?
A typical home costs
$99,200, which is 70.7% less expensive than the national average of
$338,100 and 59.0% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Hamilton costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 63.6% cheaper than the state average of
$1,260.
Can I afford Hamilton?
To live comfortably in Hamilton (zip 62341), Illinois, a minimum annual income of
$19,080 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Hamilton?
The cost of living in 62341 Hamilton, IL is below the national average. The overall average cost is 12 percent lower than the national average. The housing market is quite affordable, as the median home price is $76,700. Grocery and dining costs are also lower than national averages, making it an ideal location for those looking to save money on day-to-day expenses. Additionally, utility costs remain competitive with other areas in the Midwest region. All factors combined make 62341 Hamilton, IL a great place to call home if you're looking for an affordable lifestyle.