Housing costs in Rockford?
A typical home costs
$137,900, which is 59.2% less expensive than the national average of
$338,100 and 42.9% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Rockford costs
$960 per month, which is 32.9% cheaper than the national average of
$1,430 and 31.3% cheaper than the state average of
$1,260.
Can I afford Rockford?
To live comfortably in Rockford (zip 61108), Illinois, a minimum annual income of
$26,280 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Rockford?
The cost of living in 61108 Rockford, IL is fairly affordable compared to the average cost of living in the United States. Housing costs are much lower than the national average, with a median home price being around $107,000. Renters can expect to pay an average of $700 per month for a one-bedroom apartment. Grocery prices are also fairly low, coming in below the national averages in all categories. Transportation costs are also generally lower, with an inexpensive public transit system and low gas prices. Overall, 61108 Rockford is a great place to live due to its affordability and convenient access to amenities.