Housing costs in Decatur?
A typical home costs
$108,900, which is 67.8% less expensive than the national average of
$338,100 and 54.9% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Decatur costs
$930 per month, which is 26.2% cheaper than the national average of
$1,260 and 7.5% more than the state average of
$860.
Can I afford Decatur?
To live comfortably in Decatur (zip 62521), Illinois, a minimum annual income of
$20,880 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Decatur?
The cost of living in 62521 Decatur, IL is quite affordable compared to other areas. The median home value in Decatur is around $81,500, making it one of the more affordable cities in the state when it comes to real estate. Utilities are also relatively affordable; for example, the average monthly electricity bill is around $88. Groceries and other essentials can be purchased at reasonable prices as well, with the overall cost of living in Decatur approximately 6% lower than the national average. This makes Decatur an attractive place for those looking for an affordable place to live without sacrificing quality of life.