Housing costs in Murrayville?
A typical home costs
$101,000, which is 70.1% less expensive than the national average of
$338,100 and 58.2% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Murrayville costs
$830 per month, which is 34.1% cheaper than the national average of
$1,260 and 3.6% more than the state average of
$800.
Can I afford Murrayville?
To live comfortably in Murrayville (zip 62668), Illinois, a minimum annual income of
$19,440 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Murrayville?
The cost of living in Murrayville, IL 62668 is relatively low when compared to the national average. In fact, according to Best Places this small town has an overall cost of living index that is 8% lower than the U.S. average. Renters and potential home owners can find moderately priced housing opportunities while utilities like electricity and water are cheaper than the national averages. Average grocery prices are also lower in Murrayville, meaning that residents have access to affordable food options. Additionally, residents of Murrayville enjoy an annual sales tax rate of just 6.25%, giving them more money to spend on other expenses. All in all, it is clear that living in Murrayville provides a great balance between affordability and quality of life.