Housing costs in Swansea?
A typical home costs
$142,100, which is 58.0% less expensive than the national average of
$338,100 and 41.2% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Swansea costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 41.6% cheaper than the state average of
$1,260.
Can I afford Swansea?
To live comfortably in Swansea (zip 62226), Illinois, a minimum annual income of
$27,360 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Swansea?
The cost of living in 62226 Swansea, IL is relatively affordable compared to other areas. The median home value in this area is currently estimated to be around $150,000, which is significantly lower than the Illinois average of around $200,000. Additionally, the median household income for the area is just under $80,000, which allows families to enjoy a comfortable lifestyle without breaking the bank. Other costs such as transportation and groceries are also fairly inexpensive in comparison with other nearby areas. Overall, 62226 Swansea provides an affordable place to call home for anyone looking to enjoy all that Illinois has to offer.