Housing costs in Sherman?
A typical home costs
$253,900, which is 24.9% less expensive than the national average of
$338,100 and 5.0% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Sherman costs
$980 per month, which is 22.2% cheaper than the national average of
$1,260 and 7.1% more than the state average of
$910.
Can I afford Sherman?
To live comfortably in Sherman (zip 62684), Illinois, a minimum annual income of
$48,600 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Sherman?
The cost of living in 62684 Sherman, IL is quite reasonable for the area. The median home price is around $107,000 which is quite affordable compared to other cities in the region. Renting a two-bedroom apartment costs about $450 per month. Property taxes are low and the average cost of utilities, including electricity and water, is around $100 per month. Groceries and other essentials are relatively inexpensive as well. Overall, living in 62684 Sherman, IL provides an excellent value for its residents.