Housing costs in Lena?
A typical home costs
$165,700, which is 51.0% less expensive than the national average of
$338,100 and 31.4% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Lena costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 61.5% cheaper than the state average of
$1,260.
Can I afford Lena?
To live comfortably in Lena (zip 61048), Illinois, a minimum annual income of
$31,680 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Lena?
The cost of living in 61048 Lena, IL is generally considered to be low. Housing costs are relatively low compared to the national average, with the median home price in the area being around $117,000. The unemployment rate is slightly higher than the national average, but still remains low at 4.3%. Consumer prices are also slightly lower than the national average, which helps to keep the cost of living affordable. Overall, 61048 Lena, IL provides residents with an affordable place to live that offers a great quality of life.