Housing costs in Ivesdale?
A typical home costs
$151,600, which is 55.2% less expensive than the national average of
$338,100 and 37.3% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Ivesdale costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and 37.0% cheaper than the state average of
$1,260.
Can I afford Ivesdale?
To live comfortably in Ivesdale (zip 61851), Illinois, a minimum annual income of
$29,160 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Ivesdale?
The cost of living in 61851 Ivesdale, IL is relatively affordable compared to other cities. It has an average household income of $42,904 which is slightly lower than the national average. The median home cost is $83,000, which is significantly lower than the national average of $184,700. As well, property taxes are much lower in this area than they would be in larger cities. In addition to that, groceries and other necessities are also much more reasonably priced than one would find in a bigger city. All of these factors combine to make 61851 Ivesdale, IL a great place to live without breaking the bank.