Housing costs in Rockford?
A typical home costs
$102,700, which is 69.6% less expensive than the national average of
$338,100 and 57.5% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Rockford costs
$940 per month, which is 25.4% cheaper than the national average of
$1,260 and close to the state average of
$940.
Can I afford Rockford?
To live comfortably in Rockford (zip 61103), Illinois, a minimum annual income of
$19,800 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Rockford?
The cost of living in Rockford, IL 61103 is relatively low compared to the national average. The average cost of a 3-bedroom apartment in Rockford is approximately $800 per month, while the national average is around $1,400 per month. Consumers in Rockford also benefit from the low cost of groceries and other everyday items. Gasoline prices are also generally lower than the national average, making commuting to work affordable. Overall, living in Rockford can be an ideal choice for those looking for an affordable lifestyle.