Housing costs in Rockford?
A typical home costs
$67,100, which is 80.2% less expensive than the national average of
$338,100 and 72.2% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Rockford costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 43.2% cheaper than the state average of
$1,260.
Can I afford Rockford?
To live comfortably in Rockford (zip 61101), Illinois, a minimum annual income of
$12,960 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Rockford?
Living in 61101 Rockford, IL has many advantages, including a lower cost of living compared to the US average. Groceries and healthcare are both below the national average, while housing costs are about 25% cheaper than the rest of the country. This makes 61101 Rockford an attractive option for families or individuals looking for a more affordable place to live. Utilities are also relatively low compared to other parts of the country, making it easier to manage household expenses. All in all, 61101 Rockford is an ideal place for those seeking a lower cost of living without sacrificing quality of life.