Housing costs in Montrose?
A typical home costs
$145,900, which is 56.8% less expensive than the national average of
$338,100 and 39.6% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Montrose costs
$700 per month, which is 51.0% cheaper than the national average of
$1,430 and 80.0% cheaper than the state average of
$1,260.
Can I afford Montrose?
To live comfortably in Montrose (zip 62445), Illinois, a minimum annual income of
$28,080 for a family, and
$22,000 for a single person is recommended.
What does A.I. say about Montrose?
The cost of living in 62445 Montrose, IL is quite reasonable. The median home value in the area is about $59,100 which is lower than the national average. Rent is also fairly reasonable with an average rent for an apartment being around $550 per month. In addition, the cost of groceries and other necessities are slightly below the national average. This means that those living in 62445 Montrose can enjoy a comfortable life without having to break the bank.