Housing costs in Vergennes?
A typical home costs
$120,800, which is 64.3% less expensive than the national average of
$338,100 and 50.0% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Vergennes costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 63.6% cheaper than the state average of
$1,260.
Can I afford Vergennes?
To live comfortably in Vergennes (zip 62994), Illinois, a minimum annual income of
$23,040 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Vergennes?
The cost of living in Vergennes, IL (62994) is relatively inexpensive. According to the Cost of Living Calculator from BestPlaces, the overall cost of living index is 81.7, which is substantially lower than the U.S. average of 100. The biggest expense for residents in Vergennes is housing – with an index score of 62 — which is significantly below the national average of 100. Other categories such as groceries, health care, transportation and utilities are also lower than average when compared to other cities across the United States. Additionally, Vergennes residents benefit from a low tax burden due to Illinois having some of the lowest personal income taxes in the nation. All things considered, Vergennes offers affordable living opportunities for families and individuals alike.