Housing costs in Marissa?
A typical home costs
$91,100, which is 73.1% less expensive than the national average of
$338,100 and 62.3% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Marissa 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 Marissa?
To live comfortably in Marissa (zip 62257), Illinois, a minimum annual income of
$17,280 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Marissa?
The cost of living in 62257 Marissa, IL is relatively low compared to other areas in the United States. The median home value is $71,900 which is much lower than the national average of $184,700. This means you can buy a home for a fraction of what it would cost in other areas. Additionally, the median household income is just over $45,000 which is less than the national average of nearly $61,000. These two factors mean that many people can afford to live comfortably in this area without breaking their budgets. Additionally, utilities are also low, averaging around $100-200 per month for most households. All in all, 62257 Marissa, IL is an affordable place to live in Illinois and provides great value for money.