Housing costs in Meredosia?
A typical home costs
$59,700, which is 82.3% less expensive than the national average of
$338,100 and 75.3% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Meredosia costs
$740 per month, which is 41.3% cheaper than the national average of
$1,260 and 8.1% cheaper than the state average of
$800.
Can I afford Meredosia?
To live comfortably in Meredosia (zip 62665), Illinois, a minimum annual income of
$11,520 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about Meredosia?
Living in 62665 Meredosia, IL is relatively affordable. The median home value in Meredosia is around $63,500, which is significantly lower than the national median of $184,700. Additionally, the cost of living index in Meredosia is 83.5, which is 17.5 points lower than the national average of 100. This means that basic goods and services are cheaper here than most places in the country. In terms of utilities like electricity and water, residents will find bills to be quite reasonable. Furthermore, groceries and transportation costs are also relatively low as compared to other areas of the country making it a great place for those who are looking for an affordable place to live.