Housing costs in Lomax?
A typical home costs
$93,900, which is 72.2% less expensive than the national average of
$338,100 and 61.2% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Lomax costs
$680 per month, which is 52.4% cheaper than the national average of
$1,430 and 85.3% cheaper than the state average of
$1,260.
Can I afford Lomax?
To live comfortably in Lomax (zip 61454), Illinois, a minimum annual income of
$18,000 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Lomax?
The cost of living in 61454 Lomax, IL is quite affordable, with an estimated cost of living index of 79.2 which is significantly lower than the national average. Goods and services in this small rural town tend to be much more affordable than in larger cities and urban areas. Housing costs are also very reasonable, with median rent being about $500 a month for a two bedroom apartment or home. The overall cost of living in 61454 Lomax, IL remains quite low, giving residents the opportunity to enjoy a comfortable lifestyle without breaking the bank.