Housing costs in Jacksonville?
A typical home costs
$121,700, which is 64.0% less expensive than the national average of
$338,100 and 49.6% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Jacksonville costs
$800 per month, which is 36.5% cheaper than the national average of
$1,260 and close to the state average of
$800.
Can I afford Jacksonville?
To live comfortably in Jacksonville (zip 62650), Illinois, a minimum annual income of
$23,400 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Jacksonville?
The cost of living in Jacksonville, IL (62650) is quite affordable. According to BestPlaces, the overall cost of living index in Jacksonville, IL is around 84.3, which is 7.5% lower than the national average. This includes costs related to groceries, housing, transportation, and other necessary expenses. The median property value in Jacksonville is currently around $84,000, and rent for a one-bedroom apartment averages about $600 per month. Utility costs are relatively low as well. Gas prices are 6% lower than the national average while electricity prices are 5% lower than the national average. All of these factors combine to make Jacksonville an affordable place to live for those looking for a vibrant small-town community with easy access to larger cities nearby.