Housing costs in Ludlow?
A typical home costs
$104,700, which is 69.0% less expensive than the national average of
$338,100 and 56.7% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Ludlow 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 Ludlow?
To live comfortably in Ludlow (zip 60949), Illinois, a minimum annual income of
$20,160 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Ludlow?
The cost of living in 60949 Ludlow, IL is very reasonable. The median home value for the area is approximately $124,400, which is lower than the national average. Renting a two-bedroom apartment in the city averages around $983 per month and groceries are relatively low compared to some other parts of the country. Utilities are also quite affordable with electricity and natural gas costing approximately 8% below the national average. Overall, residents of 60949 Ludlow, IL enjoy an economical cost of living that allows them to live comfortably while still being able to save money.