Housing costs in Winchester?
A typical home costs
$103,000, which is 69.5% less expensive than the national average of
$338,100 and 57.4% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Winchester costs
$760 per month, which is 39.7% cheaper than the national average of
$1,260 and 5.3% cheaper than the state average of
$800.
Can I afford Winchester?
To live comfortably in Winchester (zip 62694), Illinois, a minimum annual income of
$19,800 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Winchester?
The cost of living in 62694 Winchester, IL is relatively affordable. The area has a median home value of $105,400 and the median rent price is $775. The overall cost of living index for this area is 76.9. This means that living in 62694 Winchester, IL is 24% cheaper than the US average. Additionally, the local unemployment rate is just 4%, which can help keep costs down as well. With its affordable housing prices and low unemployment rates, 62694 Winchester, IL provides an ideal cost of living for its residents.