Housing costs in Mount Morris?
A typical home costs
$121,600, which is 64.0% less expensive than the national average of
$338,100 and 49.7% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Mount Morris costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 48.2% cheaper than the state average of
$1,260.
Can I afford Mount Morris?
To live comfortably in Mount Morris (zip 61054), Illinois, a minimum annual income of
$23,400 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Mount Morris?
The cost of living in 61054 Mount Morris, IL is relatively inexpensive compared to many other areas. The median home value is approximately $83,000 and the median monthly rent price is around $550. The overall cost of living index is 83.9, which is lower than both the US average of 100 and the Illinois average of 90.3. The city has a sales tax rate of 8%, which is slightly higher than the national average of 6%. Groceries, utilities, health care, and transportation are all generally affordable in this area.