Housing costs in Lacon?
A typical home costs
$120,000, which is 64.5% less expensive than the national average of
$338,100 and 50.4% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Lacon costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 46.5% cheaper than the state average of
$1,260.
Can I afford Lacon?
To live comfortably in Lacon (zip 61540), Illinois, a minimum annual income of
$23,040 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Lacon?
61540 Lacon, IL is an affordable place to live with low cost of living and a moderate median home price. The city's median home price is roughly $83,200, which is much lower than the national median of $194,500. Additionally, grocery costs are approximately 5% lower than the national average and healthcare costs around 8% lower than the national average. Renters can find an apartment for an average of $618 per month. Overall, 61540 Lacon makes it possible for people to live comfortably and affordably in a small city atmosphere.