Housing costs in Rockford?
A typical home costs
$67,400, which is 80.1% less expensive than the national average of
$338,100 and 72.1% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Rockford costs
$860 per month, which is 31.7% cheaper than the national average of
$1,260 and 9.3% cheaper than the state average of
$940.
Can I afford Rockford?
To live comfortably in Rockford (zip 61104), Illinois, a minimum annual income of
$12,960 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Rockford?
The cost of living in 61104 Rockford, IL is slightly lower than the US average. Housing costs are particularly affordable with a median home value of $78,800 and a median rent of $631. The cost of groceries and healthcare remain near the national average, while utilities are significantly lower than the country-wide norms. With its attractive housing costs and reasonable other expenses, Rockford offers an excellent balance between quality of life and affordability for those looking to settle down in the area.