Housing costs in Owaneco?
A typical home costs
$130,200, which is 61.5% less expensive than the national average of
$338,100 and 46.1% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Owaneco costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 51.8% cheaper than the state average of
$1,260.
Can I afford Owaneco?
To live comfortably in Owaneco (zip 62555), Illinois, a minimum annual income of
$24,840 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Owaneco?
The cost of living in 62555 Owaneco, IL is quite reasonable. Prices for basic goods and services such as food, clothing, and housing are generally lower than other areas in the region. The median home value in this area is lower than the national average, making it an attractive option for those looking to purchase a home at a more reasonable price. In addition, taxes are relatively low compared to neighboring towns and cities. Overall, residents of Owaneco enjoy more affordable living conditions than many other parts of the state.