Housing costs in Hopedale?
A typical home costs
$156,200, which is 53.8% less expensive than the national average of
$338,100 and 35.4% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Hopedale costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 44.8% cheaper than the state average of
$1,260.
Can I afford Hopedale?
To live comfortably in Hopedale (zip 61747), Illinois, a minimum annual income of
$29,880 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Hopedale?
The cost of living in 61747 Hopedale, IL is relatively low compared to the national average. According to BestPlaces, the overall cost of living index in Hopedale is 87.37 which is lower than the U.S. average of 100. Housing costs are particularly low with an index rating of 69.20 which is significantly lower than the national average. Other costs such as food and transportation are also significantly less expensive than other cities and towns throughout the United States making it a great option for those looking for a place to live on a budget yet still enjoy all the amenities that come with being close to larger cities.