Housing costs in Springfield?
A typical home costs
$153,900, which is 54.5% less expensive than the national average of
$338,100 and 36.3% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Springfield costs
$960 per month, which is 23.8% cheaper than the national average of
$1,260 and 5.2% more than the state average of
$910.
Can I afford Springfield?
To live comfortably in Springfield (zip 62704), Illinois, a minimum annual income of
$29,520 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Springfield?
The cost of living in 62704 Springfield, IL is relatively low compared to the national average. According to Sperling's Best Places, consumer prices are 8% lower than the national average and housing costs are 9% lower than the national average. Additionally, transportation costs are on par with the national average. Overall, people who live in 62704 Springfield can enjoy a good standard of living without breaking the bank.