Housing costs in Rio?
A typical home costs
$136,000, which is 59.8% less expensive than the national average of
$338,100 and 43.7% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Rio costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 51.8% cheaper than the state average of
$1,260.
Can I afford Rio?
To live comfortably in Rio (zip 61472), Illinois, a minimum annual income of
$25,920 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Rio?
The cost of living in 61472 Rio, IL is relatively low compared to other parts of the country. The median home value in the area is $77,400, which is much lower than the national average of $184,700. Additionally, transportation costs are low with the average commute time of just under 17 minutes and a mean travel cost of around $19. Groceries and utilities also generally cost less than the national averages as well. All in all, 61472 Rio, IL provides residents with a low-cost lifestyle without sacrificing quality amenities and services.