Housing costs in Medora?
A typical home costs
$116,700, which is 65.5% less expensive than the national average of
$338,100 and 51.7% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Medora costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 46.5% cheaper than the state average of
$1,260.
Can I afford Medora?
To live comfortably in Medora (zip 62063), Illinois, a minimum annual income of
$22,320 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Medora?
The cost of living in Medora is quite affordable compared to other cities of similar size. Prices for basic necessities such as groceries, housing, and utilities are all quite reasonable. The median household income in the area is around $46,000, and the median home value is around $71,500, both of which are much lower than the national averages. This makes Medora an attractive option for those looking to enjoy a high quality of life without spending too much on everyday expenses.