Housing costs in Smithton?
A typical home costs
$259,400, which is 23.3% less expensive than the national average of
$338,100 and 7.3% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Smithton costs
$950 per month, which is 24.6% cheaper than the national average of
$1,260 and 4.2% cheaper than the state average of
$990.
Can I afford Smithton?
To live comfortably in Smithton (zip 62285), Illinois, a minimum annual income of
$49,680 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Smithton?
The cost of living in 62285 Smithton, IL is relatively low compared to other parts of the country. The median home value in the area is only $119,500, significantly lower than the national median of $231,200. The median rent in this area is also much more affordable at $819 per month compared to the national average of $1,045. While there are some higher prices for food and goods due to its rural location, overall the cost of living in 62285 Smithton, IL is quite favorable for those looking to live a more economically-friendly lifestyle.