Housing costs in Albion?
A typical home costs
$83,400, which is 75.3% less expensive than the national average of
$338,100 and 65.5% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Albion costs
$650 per month, which is 54.5% cheaper than the national average of
$1,430 and 93.8% cheaper than the state average of
$1,260.
Can I afford Albion?
To live comfortably in Albion, Illinois, a minimum annual income of
$15,840 for a family, and
$21,600 for a single person is recommended.
What does A.I. say about Albion?
Living in Albion, IL can be quite affordable. The median home cost is around $78,000, which is much lower than the national average. The cost of living overall is slightly below the national average. In addition to affordable housing costs, utility costs are low due to the abundance of renewable energy sources in and around Albion. Food costs are also relatively low given the area's access to fresh produce from local farms and markets. Overall, Albion provides residents with a good quality of life at an affordable price.