Housing costs in Marion?
A typical home costs
$150,100, which is 55.6% less expensive than the national average of
$338,100 and 37.9% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Marion costs
$930 per month, which is 26.2% cheaper than the national average of
$1,260 and 5.4% more than the state average of
$880.
Can I afford Marion?
To live comfortably in Marion (zip 62959), Illinois, a minimum annual income of
$28,800 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Marion?
The cost of living in 62959 Marion, IL is relatively low compared to the national average. On average, rent for a one-bedroom apartment in this zip code is approximately $680 a month with utilities included, while a three-bedroom apartment averages around $950. Utilities such as electricity and water are also reasonably priced for the area. According to the Council for Community and Economic Research's Cost of Living Index, which was published in March 2020, the cost of living in 62959 Marion, IL is 9% lower than the average for Illinois as a whole and 10% lower than the national average. This makes it an attractive place to live for those looking to save money on their monthly expenses.