Housing costs in Royal?
A typical home costs
$163,800, which is 51.6% less expensive than the national average of
$338,100 and 32.2% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Royal costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 20.0% cheaper than the state average of
$1,260.
Can I afford Royal?
To live comfortably in Royal (zip 61871), Illinois, a minimum annual income of
$31,320 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Royal?
The cost of living in 61871 Royal, IL is quite reasonable compared to other areas of the state. The median home value is $90,300, which is much lower than the national average of $213,000. Additionally, the median household income in Royal is around $46,700 and the median rent for an apartment is around $750 per month. The overall cost of living index for Royal is 78.7 which means it is slightly lower than the national average of 90.8. For those looking for a great place to call home while also keeping their budget in check, Royal offers an excellent option.