Housing costs in Minonk?
A typical home costs
$110,000, which is 67.5% less expensive than the national average of
$338,100 and 54.5% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Minonk costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 35.5% cheaper than the state average of
$1,260.
Can I afford Minonk?
To live comfortably in Minonk (zip 61760), Illinois, a minimum annual income of
$21,240 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Minonk?
The cost of living in 61760 Minonk, IL is quite affordable. According to the United States Census Bureau, the median house or condo value in 61760 is $127,400, which is lower than the national average of $184,700. Additionally, the cost of groceries and healthcare are also below the national averages. The median gross rent for 61760 is estimated at $719 per month; this is lower than much of the rest of Illinois. All these factors make 61760 an attractive place to live with a relatively low cost of living compared to other areas.