Housing costs in Wood River?
A typical home costs
$108,400, which is 67.9% less expensive than the national average of
$338,100 and 55.2% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Wood River costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 43.2% cheaper than the state average of
$1,260.
Can I afford Wood River?
To live comfortably in Wood River (zip 62095), Illinois, a minimum annual income of
$20,880 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Wood River?
The cost of living in 62095 Wood River, IL is generally reasonable and affordable. The median home value in the area is approximately $102,400 and the median rent price is around $650 per month. The overall cost of living index for this area is 86.4 which is slightly lower than the U.S. average of 100. In addition, there are a variety of restaurants and stores nearby that offer competitive pricing on food, entertainment, and other necessities. This makes it easy to find affordable options when it comes to daily life in Wood River, IL.