Housing costs in Grand Chain?
A typical home costs
$99,000, which is 70.7% less expensive than the national average of
$338,100 and 59.0% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Grand Chain costs
$630 per month, which is 55.9% cheaper than the national average of
$1,430 and 100.0% cheaper than the state average of
$1,260.
Can I afford Grand Chain?
To live comfortably in Grand Chain (zip 62941), Illinois, a minimum annual income of
$19,080 for a family, and
$20,000 for a single person is recommended.
What does A.I. say about Grand Chain?
The cost of living in 62941 Grand Chain, IL is relatively affordable compared to other parts of the country. The median home value is $87,600, which is significantly lower than the national median of $210,400. Property taxes are also on the lower side at 1.8%, and groceries are quite affordable at 9% below the national average. Furthermore, utilities like electricity and gas are 5% lower than the national average. All these factors make 62941 Grand Chain, IL a great place to live for those looking for an inexpensive place to call home.