Housing costs in Savoy?
A typical home costs
$283,700, which is 16.1% less expensive than the national average of
$338,100 and 17.4% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Savoy costs
$1,030 per month, which is 18.3% cheaper than the national average of
$1,260 and close to the state average of
$1,030.
Can I afford Savoy?
To live comfortably in Savoy (zip 61874), Illinois, a minimum annual income of
$54,360 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about Savoy?
Living in 61874 Savoy, IL is quite affordable. The median household income is close to $52,000, and the median home value is around $162,400. This means that the cost of living in this area is relatively low compared to other cities and towns in Illinois. Additionally, taxes are lower than many other locations within the state, which makes it an attractive place to live for those looking to stretch their budget. Utilities and groceries are also on the more affordable side in Savoy. In general, this city offers a great deal for those looking for a comfortable life at an affordable price point.