Housing costs in Raritan?
A typical home costs
$72,700, which is 78.5% less expensive than the national average of
$338,100 and 69.9% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Raritan costs
$680 per month, which is 52.4% cheaper than the national average of
$1,430 and 85.3% cheaper than the state average of
$1,260.
Can I afford Raritan?
To live comfortably in Raritan (zip 61471), Illinois, a minimum annual income of
$14,040 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Raritan?
The cost of living in 61471 Raritan, IL is fairly low compared to the national average. According to the Cost of Living Index, the overall cost of living in this area is about 6% lower than the U.S. average. Housing costs are particularly affordable here, with an index score of 63.9, over 20 points below the national average. Additionally, goods and services like groceries, healthcare and utilities are all more reasonably priced than in other parts of the country. The same can be said for transportation costs as well. All these factors make 61471 Raritan an attractive place for those looking to save money on their cost of living expenses.