Housing costs in Niantic?
A typical home costs
$98,300, which is 70.9% less expensive than the national average of
$338,100 and 59.3% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Niantic costs
$760 per month, which is 46.9% cheaper than the national average of
$1,430 and 65.8% cheaper than the state average of
$1,260.
Can I afford Niantic?
To live comfortably in Niantic (zip 62551), Illinois, a minimum annual income of
$18,720 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Niantic?
The cost of living in Niantic, IL (62551) is quite reasonable compared to the rest of the country. The median home prices in Niantic are around $186,000 which is lower than the median home price for all of Illinois. Additionally, utilities and groceries are typically cheaper in this area compared to other states. Overall, Niantic offers a relatively affordable place to live without sacrificing quality of life or amenities.