Housing costs in Knoxville?
A typical home costs
$127,700, which is 62.2% less expensive than the national average of
$338,100 and 47.2% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Knoxville costs
$750 per month, which is 47.6% cheaper than the national average of
$1,430 and 68.0% cheaper than the state average of
$1,260.
Can I afford Knoxville?
To live comfortably in Knoxville (zip 61448), Illinois, a minimum annual income of
$24,480 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Knoxville?
The cost of living in 61448 Knoxville, IL is quite reasonable. According to the most recent data from bestplaces.net, goods and services are approximately 8% lower than the national average, making it a great place to live with a budget-minded lifestyle. The median home cost is around $86,800 which is significantly lower than the national average of $184,700 and the median household income is slightly below the national average at $50,876. Although this may not sound like much of a savings when looking at these numbers alone, it adds up quickly when you factor in how much prices tend to increase as cities become more populous or when luxury items are added into the equation. With that being said, 61448 Knoxville offers an excellent quality of life for those who are looking for an affordable but comfortable place to call home.