Housing costs in Toledo?
A typical home costs
$104,100, which is 69.2% less expensive than the national average of
$338,100 and 56.9% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Toledo costs
$760 per month, which is 46.9% cheaper than the national average of
$1,430 and 65.8% cheaper than the state average of
$1,260.
Can I afford Toledo?
To live comfortably in Toledo (zip 62468), Illinois, a minimum annual income of
$19,800 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Toledo?
The cost of living in 62468 Toledo, IL is relatively low compared to other parts of the United States. According to BestPlaces, the cost of living index in 62468 is 80.29, which is 12% lower than the national average and 14% lower than the Illinois state average. The median home price in 62468 is approximately $85,000, making it one of the more affordable options for those looking to buy a home in the area. Renters can expect to find competitive prices on rentals in 62468 as well, with an average rent price that is roughly $600 per month. In addition, utilities such as electricity and gas are both reasonably priced in 62468 due to the small population size within the town limits.