Housing costs in Erie?
A typical home costs
$141,200, which is 58.2% less expensive than the national average of
$338,100 and 41.6% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Erie costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and 37.0% cheaper than the state average of
$1,260.
Can I afford Erie?
To live comfortably in Erie (zip 61250), Illinois, a minimum annual income of
$27,000 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Erie?
The cost of living in 61250 Erie, IL is relatively affordable compared to other areas in the United States. The median home value is $162,100, which is slightly lower than the national average. The median household income for households in 61250 Erie, IL is $60,246, which is also slightly lower than the national average. Overall, there are a variety of affordable housing options and costs of living available in this area. Groceries and healthcare tend to be slightly cheaper than the national average while utilities can range from moderate to high depending on where you live and what type of services you require. All in all, 61250 Erie, IL offers an affordable cost of living that makes it attractive for many people looking for a place to call home.