Housing costs in Mill Creek?
A typical home costs
$50,800, which is 85.0% less expensive than the national average of
$338,100 and 79.0% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Mill Creek costs
$630 per month, which is 55.9% cheaper than the national average of
$1,430 and 100.0% cheaper than the state average of
$1,260.
Can I afford Mill Creek?
To live comfortably in Mill Creek (zip 62961), Illinois, a minimum annual income of
$9,720 for a family, and
$19,200 for a single person is recommended.
What does A.I. say about Mill Creek?
Mill Creek, IL (62961) has an affordable cost of living. It is approximately 8% lower than the state average of Illinois. Housing costs in particular are much lower than other areas in the state, with a median home value of around $66,300. Taxes and insurance premiums are also quite low compared to other states, making this a great option for those looking to save money on their expenses. Additionally, groceries and utilities are slightly cheaper than the US average. Overall, residents of Mill Creek enjoy a relatively low cost of living at around 8% below the national average.