Housing costs in Vermilion?
A typical home costs
$68,700, which is 79.7% less expensive than the national average of
$338,100 and 71.6% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Vermilion costs
$690 per month, which is 51.7% cheaper than the national average of
$1,430 and 82.6% cheaper than the state average of
$1,260.
Can I afford Vermilion?
To live comfortably in Vermilion (zip 61955), Illinois, a minimum annual income of
$13,320 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Vermilion?
The cost of living in 61955 Vermilion, IL is quite reasonable. As a small city with a population of around 7,000 people, the median home price is estimated at $106,800 and the median rent hovers around $650 per month. These prices are quite affordable when compared to larger cities across the nation. Other elements like food and transportation are also relatively inexpensive when compared to other parts of the country. Overall, those looking for a comfortable lifestyle on a budget will find 61955 Vermilion, IL an attractive destination to call home.