Housing costs in Bethalto?
A typical home costs
$157,300, which is 53.5% less expensive than the national average of
$338,100 and 34.9% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Bethalto costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 41.6% cheaper than the state average of
$1,260.
Can I afford Bethalto?
To live comfortably in Bethalto, Illinois, a minimum annual income of
$30,240 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Bethalto?
The cost of living in Bethalto, IL is relatively low compared to the surrounding areas. According to BestPlaces, the overall cost of living index in Bethalto is 73.61, which is 28.39% lower than the national average. The housing market in Bethalto favors buyers due to relatively low house prices - the median home cost is $109,800 as of April 2020. Additionally, groceries and other food items are priced moderately with a meal at an inexpensive restaurant costing around $15. Transportation costs are also quite reasonable as most people can get around town with public transportation or walk/bike. All in all, living in Bethalto can be a very affordable option for those looking for a small town vibe close to larger cities like St Louis and Chicago.