Housing costs in Milmine?
A typical home costs
$98,700, which is 70.8% less expensive than the national average of
$338,100 and 59.2% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Milmine costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 43.2% cheaper than the state average of
$1,260.
Can I afford Milmine?
To live comfortably in Milmine (zip 61855), Illinois, a minimum annual income of
$19,080 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Milmine?
The cost of living in 61855 Milmine, IL is quite reasonable. The median home value is $91,000, which is much lower than the US average of around $200,000. The median household income is also lower than the national average at just over $46,000. While basic necessities like groceries and utilities are slightly higher than the national average, overall prices remain relatively affordable for locals. Additionally, taxes are low in this area compared to other cities and towns across the country.