Housing costs in Tremont?
A typical home costs
$198,200, which is 41.4% less expensive than the national average of
$338,100 and 18.0% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Tremont costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 53.7% cheaper than the state average of
$1,260.
Can I afford Tremont?
To live comfortably in Tremont (zip 61568), Illinois, a minimum annual income of
$37,800 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Tremont?
The cost of living in 61568 Tremont, IL is relatively low, making it an attractive option for those looking to move to the area. Property taxes are very reasonable, and the median home value is around $87,200USD in the area. Utilities are also affordable, with electricity typically costing around 8 cents per kWh and natural gas costing around 5 dollars per MMBtu. The overall cost of groceries and other necessities is also quite low in comparison to the national average. All in all, 61568 Tremont is an excellent choice for those looking for a place to live with a reasonable cost of living.