Housing costs in Palmyra?
A typical home costs
$89,800, which is 73.4% less expensive than the national average of
$338,100 and 62.8% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Palmyra costs
$800 per month, which is 36.5% cheaper than the national average of
$1,260 and 23.8% cheaper than the state average of
$990.
Can I afford Palmyra?
To live comfortably in Palmyra (zip 62674), Illinois, a minimum annual income of
$17,280 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Palmyra?
The cost of living in 62674 Palmyra, IL is fairly affordable. The median home price is $90,800, which is much lower than the national average of $184,700. In addition, the median household income in the area is $49,043, which is slightly lower than the national average of $55,322. Other costs such as food and transportation are also on the lower end compared to other cities. Overall, Palmyra is an affordable place to live for those who are looking for an affordable yet comfortable lifestyle.