Housing costs in Redmon?
A typical home costs
$90,300, which is 73.3% less expensive than the national average of
$338,100 and 62.6% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Redmon costs
$700 per month, which is 51.0% cheaper than the national average of
$1,430 and 80.0% cheaper than the state average of
$1,260.
Can I afford Redmon?
To live comfortably in Redmon (zip 61949), Illinois, a minimum annual income of
$17,280 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Redmon?
The cost of living in 61949 Redmon, IL is relatively affordable compared to other areas due to the small town size. Most goods and services are lower than the national average, making it easier for families to live within their means. The average home price is around $130,000, which is 40% below the national average. The median annual household income here is $46,250 compared to the median income in the U.S., which stands at $60,293. Groceries and other everyday items are also cheaper here with a lower sales tax rate than many neighboring cities. The overall cost of living in this area can be considered very reasonable for those looking to settle down and raise a family.