Housing costs in Lowpoint?
A typical home costs
$206,900, which is 38.8% less expensive than the national average of
$338,100 and 14.4% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Lowpoint costs
$950 per month, which is 33.6% cheaper than the national average of
$1,430 and 32.6% cheaper than the state average of
$1,260.
Can I afford Lowpoint?
To live comfortably in Lowpoint (zip 61545), Illinois, a minimum annual income of
$39,600 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Lowpoint?
61545 Lowpoint, IL is known for its low cost of living. The median household income in the area is approximately $56,000, which is lower than the national average. The median home value in 61545 Lowpoint, IL is about $80,000, which is well below the national average. Groceries and other everyday items are also typically less expensive compared to other parts of the country. Overall, 61545 Lowpoint provides excellent value to residents who are looking for a cost-effective place to live.