Housing costs in Colona?
A typical home costs
$151,300, which is 55.2% less expensive than the national average of
$338,100 and 37.4% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Colona costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 40.0% cheaper than the state average of
$1,260.
Can I afford Colona?
To live comfortably in Colona (zip 61241), Illinois, a minimum annual income of
$29,160 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Colona?
Living in 61241 Colona, IL is relatively inexpensive. According to the cost of living index, the average cost of living in this area is 8% lower than the national average. Housing costs are 18% lower and groceries are 7% lower than the national average. This means that residents of 61241 Colona, IL can enjoy a high quality of life for less money. Utilities are also fairly cheap, with electricity being 5% less than the national average and natural gas being 16% cheaper. Overall, 61241 Colona is a great place to live if you're looking for a city with an affordable cost of living.