Housing costs in Lindenwood?
A typical home costs
$209,400, which is 38.1% less expensive than the national average of
$338,100 and 13.4% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Lindenwood costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 44.8% cheaper than the state average of
$1,260.
Can I afford Lindenwood?
To live comfortably in Lindenwood (zip 61049), Illinois, a minimum annual income of
$39,960 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Lindenwood?
The cost of living in 61049 Lindenwood, IL is relatively low compared to the national average. The median home value in the area is around $122,400, and the median household income is approximately $81,366. This allows for residents to live comfortably while still affording basic necessities and having some extra money left over for entertainment or savings. The area also has a relatively low unemployment rate, which helps contribute to an overall higher quality of life in this location. Overall, the cost of living in 61049 Lindenwood, IL can be considered quite reasonable when compared to many other places in the country.