Housing costs in Rockford?
A typical home costs
$205,300, which is 39.3% less expensive than the national average of
$338,100 and 15.1% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Rockford costs
$1,120 per month, which is 21.7% cheaper than the national average of
$1,430 and 12.5% cheaper than the state average of
$1,260.
Can I afford Rockford?
To live comfortably in Rockford (zip 61114), Illinois, a minimum annual income of
$39,240 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Rockford?
The cost of living in 61114 Rockford, IL is quite reasonable. The cost of housing is 10% lower than the national average, with a median home value of $94,500. Groceries are also reasonably priced, costing 8% less than the national average. Utilities are slightly higher than the national average but still remain relatively low in comparison to other areas. The overall cost of living in 61114 Rockford, IL is very affordable and provides residents with a great opportunity to live comfortably without breaking their budgets.