Housing costs in Genoa?
A typical home costs
$235,400, which is 30.4% less expensive than the national average of
$338,100 and 2.6% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Genoa costs
$1,120 per month, which is 21.7% cheaper than the national average of
$1,430 and 12.5% cheaper than the state average of
$1,260.
Can I afford Genoa?
To live comfortably in Genoa (zip 60135), Illinois, a minimum annual income of
$45,000 for a family, and
$34,400 for a single person is recommended.
What does A.I. say about Genoa?
The cost of living in Genoa, IL 60135 is relatively low compared to other parts of the country. The median home price in the area is $153,000, which is below the national average. Additionally, the overall cost of living index for the city is 88.6, making it slightly more affordable than some of its nearby cities. Other housing costs such as utilities and taxes are generally lower than average as well. Furthermore, Genoa boasts a wide selection of restaurants and stores with reasonable prices that make it easy for residents to stretch their budgets. Combined with its excellent schools and safe neighborhoods, Genoa is an ideal place to live for those looking for a good quality of life on a budget.