Housing costs in Rantoul?
A typical home costs
$107,500, which is 68.2% less expensive than the national average of
$338,100 and 55.5% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Rantoul costs
$950 per month, which is 24.6% cheaper than the national average of
$1,260 and 8.4% cheaper than the state average of
$1,030.
Can I afford Rantoul?
To live comfortably in Rantoul (zip 61866), Illinois, a minimum annual income of
$20,520 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Rantoul?
The cost of living in 61866 Rantoul, IL is surprisingly low compared to many other locations, despite its close proximity to other cities. The median home value in the area is around $82,100, significantly lower than the national average of $184,700. Similarly, the median household income is approximately $38,227 which is much lower than the national average of $61,937. This low cost of living makes it an attractive place for those looking to buy or rent property and start a family. Additionally, prices for essentials such as groceries and utilities are very reasonable making it an overall affordable place to live.