Housing costs in Stanford?
A typical home costs
$127,700, which is 62.2% less expensive than the national average of
$338,100 and 47.2% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Stanford costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and 37.0% cheaper than the state average of
$1,260.
Can I afford Stanford?
To live comfortably in Stanford (zip 61774), Illinois, a minimum annual income of
$24,480 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Stanford?
The cost of living in 61774 Stanford, IL is relatively low compared with other parts of the country. The median home value in the area is $79,500, which is quite a bit lower than the national median. Rent prices are also lower than average, making it a great option for those looking to save money in their housing costs. Other expenses like groceries and entertainment are also cheaper than average, providing more room in your budget for other things. Overall, the low cost of living makes 61774 Stanford, IL a great place to live for anyone looking to save on their expenses.