Housing costs in Sterling?
A typical home costs
$114,200, which is 66.2% less expensive than the national average of
$338,100 and 52.8% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Sterling costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 55.6% cheaper than the state average of
$1,260.
Can I afford Sterling?
To live comfortably in Sterling (zip 61081), Illinois, a minimum annual income of
$21,960 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Sterling?
The cost of living in 61081 Sterling, IL is relatively low compared to other parts of the country. The city's median home value is around $99,400, which is a full 26% lower than the national average. Similarly, the cost of goods and services in Sterling is about 8% lower than the national average. This makes it an attractive place for those who are looking for affordability, without sacrificing on quality amenities. Additionally, taxes across most income levels are lower than average and crime rates are below the national averages. All of these factors combine to make 61081 Sterling, IL an ideal location for anyone looking to save money while still living in a safe community with plenty of amenities and entertainment options available.