Housing costs in Rockford?
A typical home costs
$74,100, which is 78.1% less expensive than the national average of
$338,100 and 69.3% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Rockford costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 48.2% cheaper than the state average of
$1,260.
Can I afford Rockford?
To live comfortably in Rockford (zip 61102), Illinois, a minimum annual income of
$14,040 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Rockford?
The cost of living in 61102 Rockford, IL is relatively low when compared to other cities in the United States. The average home cost is around $116,000 and the median household income is around $41,000. This makes housing very affordable compared to most areas in the country. Additionally, groceries and health care are also reasonably priced. Other expenses such as transportation costs, utilities, and taxes are very reasonable as well. In general, living in 61102 Rockford, IL can be quite affordable for those on a budget or looking for a smaller city lifestyle.