Housing costs in Hanaford?
A typical home costs
$67,900, which is 79.9% less expensive than the national average of
$338,100 and 71.9% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Hanaford costs
$680 per month, which is 52.4% cheaper than the national average of
$1,430 and 85.3% cheaper than the state average of
$1,260.
Can I afford Hanaford?
To live comfortably in Hanaford (zip 62856), Illinois, a minimum annual income of
$12,960 for a family, and
$20,800 for a single person is recommended.
What does A.I. say about Hanaford?
The cost of living in 62856 Hanaford, IL is quite reasonable. The median home value is around $127,000, which is lower than the state average of $187,700. This makes it an attractive place to live for those looking to buy a home. Additionally, the area's cost of living index is lower than the national average at 83.1 as opposed to 100, making it a more affordable place to reside. Groceries are particularly cheap when compared to other areas and utilities are also relatively low-cost. In short, 62856 Hanaford, IL offers an excellent quality of life at an affordable price point.