Housing costs in Simpson?
A typical home costs
$134,600, which is 60.2% less expensive than the national average of
$338,100 and 44.3% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Simpson costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 46.5% cheaper than the state average of
$1,260.
Can I afford Simpson?
To live comfortably in Simpson (zip 62985), Illinois, a minimum annual income of
$25,920 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Simpson?
The cost of living in 62985 Simpson, IL is quite reasonable. The median home value is just under $100,000, which is lower than the national average. This makes it an attractive option for those looking to live in a rural area without sacrificing too much of their income. Additionally, the overall cost of goods and services in this zip code is around 11% lower than the national average, making it a great place to live for those who are on a budget. Property taxes are also relatively low compared to other areas: they hover around 1%, making housing more affordable for residents. All in all, 62985 Simpson, IL is one of the most economical places to live in Illinois and offers residents access to plenty of amenities at an affordable price.