
Housing costs in New Burnside?
A typical home costs
$100,300, which is 70.3% less expensive than the national average of
$338,100 and 58.5% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in New Burnside costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 46.5% cheaper than the state average of
$1,260.
Can I afford New Burnside?
To live comfortably in New Burnside (zip 62967), Illinois, a minimum annual income of
$19,080 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about New Burnside?
The cost of living in 62967 New Burnside, IL is fairly low compared to other parts of the country. The median home value is around $61,800, which is below the national average of $184,700. The median rent for a two-bedroom apartment is just over $600 per month, also lower than the national average of $949. Utility costs are similarly low; electricity and natural gas are both very affordable in this area. Taxes are also relatively low; sales tax is just 6.75%, while property tax hovers around 2%. All these factors contribute to a lower cost of living in 62967 New Burnside, IL that makes it attractive to potential residents.