Housing costs in Springfield?
A typical home costs
$156,000, which is 53.9% less expensive than the national average of
$338,100 and 35.5% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Springfield costs
$910 per month, which is 27.8% cheaper than the national average of
$1,260 and close to the state average of
$910.
Can I afford Springfield?
To live comfortably in Springfield (zip 62707), Illinois, a minimum annual income of
$29,880 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Springfield?
The cost of living in 62707 Springfield, IL is higher than the national average. Housing costs are particularly high, with median home prices in the area reaching as much as $150,000. Prices for basic necessities like food and transportation are also higher than most other parts of the country. Living in 62707 Springfield can be expensive, but it is a great place to live with plenty of amenities and entertainment options.