Housing costs in Paw Paw?
A typical home costs
$160,100, which is 52.6% less expensive than the national average of
$338,100 and 33.8% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Paw Paw costs
$1,100 per month, which is 23.1% cheaper than the national average of
$1,430 and 14.5% cheaper than the state average of
$1,260.
Can I afford Paw Paw?
To live comfortably in Paw Paw (zip 61353), Illinois, a minimum annual income of
$30,600 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about Paw Paw?
61353 Paw Paw, IL is a small town located in rural Lee County with a population of around 1,100 people. The cost of living in this area is quite affordable compared to the national average, with a lower than average housing cost and overall cost of goods and services. Housing prices are especially attractive, as the median home value in 61353 Paw Paw is around $88,000—well below the national median of $184,700—and rent typically ranges from $650–$900 per month for a one-bedroom apartment. Additionally, groceries and transportation costs are low compared to the national average; while residents may need to look outside of town for some services or amenities, overall living expenses remain reasonable for those looking for an affordable place to call home.