Housing costs in Ellis Grove?
A typical home costs
$121,700, which is 64.0% less expensive than the national average of
$338,100 and 49.6% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Ellis Grove costs
$750 per month, which is 47.6% cheaper than the national average of
$1,430 and 68.0% cheaper than the state average of
$1,260.
Can I afford Ellis Grove?
To live comfortably in Ellis Grove (zip 62241), Illinois, a minimum annual income of
$23,400 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Ellis Grove?
The cost of living in 62241 Ellis Grove, IL is quite affordable. According to the most recent estimates from BestPlaces, the cost of living index for this area is rated at 75.37, which is significantly lower than the U.S. average of 100. This indicates that rent prices are much more reasonable when compared to other parts of the nation, and grocery prices are also comparatively low. Additionally, utilities and transportation costs appear to be far below average here as well. As such, 62241 Ellis Grove, IL can offer residents an enjoyable lifestyle without breaking their budget!