Housing costs in Nilwood?
A typical home costs
$67,800, which is 79.9% less expensive than the national average of
$338,100 and 71.9% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Nilwood costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 51.8% cheaper than the state average of
$1,260.
Can I afford Nilwood?
To live comfortably in Nilwood (zip 62672), Illinois, a minimum annual income of
$12,960 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Nilwood?
The cost of living in 62672 Nilwood, IL is relatively low compared to other parts of the country. The average home price is approximately $60,000 with the median household income being around $53,000. In addition to housing costs, basic necessities such as food and clothing are generally quite affordable. Other expenses such as entertainment, transportation, and healthcare tend to be slightly higher than in other areas. Despite these higher costs, overall living in 62672 Nilwood is still relatively economical when compared to the rest of the country.