Housing costs in Rockford?
A typical home costs
$137,200, which is 59.4% less expensive than the national average of
$338,100 and 43.2% 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 61109), Illinois, a minimum annual income of
$26,280 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Rockford?
The cost of living in 61109 Rockford, IL is reasonably low. According to the Cost of Living Index, the overall cost of living in this area is approximately 20% below the national average. Housing costs are particularly low, with the median home price being around $127,400 and rents averaging around $856 per month. Grocery prices are also lower than average at approximately 14% below the national average. Other necessities such as utilities and transportation are also slightly below the national average. Overall, 61109 Rockford, IL offers an affordable living option for those looking to move to a new area.