Housing costs in OFallon?
A typical home costs
$255,800, which is 24.3% less expensive than the national average of
$338,100 and 5.8% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in OFallon costs
$1,170 per month, which is 7.1% cheaper than the national average of
$1,260 and 15.4% more than the state average of
$990.
Can I afford OFallon?
To live comfortably in OFallon (zip 62269), Illinois, a minimum annual income of
$48,960 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about OFallon?
The cost of living in 62269 O'Fallon, IL is quite reasonable. The median home value in the area is $211,400, which is slightly below the national average. The median household income is also lower than the national average, at $73,463. However, property taxes and sales taxes are relatively low compared to other parts of the country. Compared to other cities in Illinois, groceries and utilities tend to be slightly more expensive. Overall, 62269 O'Fallon's cost of living is very competitive when compared to other places in Illinois and throughout the country.