Housing costs in Philo?
A typical home costs
$199,200, which is 41.1% less expensive than the national average of
$338,100 and 17.6% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Philo costs
$1,010 per month, which is 29.4% cheaper than the national average of
$1,430 and 24.8% cheaper than the state average of
$1,260.
Can I afford Philo?
To live comfortably in Philo (zip 61864), Illinois, a minimum annual income of
$38,160 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Philo?
The cost of living in 61864 Philo, IL is relatively low compared to many other parts of the United States. Housing is particularly affordable, with median home prices hovering around $125,000. Additionally, local taxes are low as well and transportation costs are moderate considering the rural nature of the area. The overall cost of groceries is also lower than most cities due to its proximity to farms producing fresh food and providing generous discounts on produce and goods. All in all, 61864 Philo, IL is an affordable place to live with plenty of opportunities for those looking for a more rural lifestyle.