Housing costs in Riverton?
A typical home costs
$161,200, which is 52.3% less expensive than the national average of
$338,100 and 33.3% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Riverton costs
$950 per month, which is 33.6% cheaper than the national average of
$1,430 and 32.6% cheaper than the state average of
$1,260.
Can I afford Riverton?
To live comfortably in Riverton (zip 62561), Illinois, a minimum annual income of
$30,960 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Riverton?
62561 Riverton, IL has an affordable cost of living that is approximately 1.5% lower than the national average. Rent in the area is especially affordable with an average of $737 per month for a two bedroom apartment, which is almost 25% cheaper than the national average. Other cost of living expenses such as groceries and transportation are also more affordable than the national averages. Despite this affordability, Riverton's economy is stable and growing with various job opportunities available throughout the area.