Housing costs in Carmi?
A typical home costs
$78,300, which is 76.8% less expensive than the national average of
$338,100 and 67.6% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Carmi costs
$720 per month, which is 49.7% cheaper than the national average of
$1,430 and 75.0% cheaper than the state average of
$1,260.
Can I afford Carmi?
To live comfortably in Carmi, Illinois, a minimum annual income of
$15,120 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Carmi?
The cost of living in Carmi, IL is quite affordable. The average home price in the area is just below the national average at $72,100. While groceries are slightly more expensive than most other areas in Illinois due to its location, utility costs are lower than the national average, making it a great place to live for those on a budget. Renters can find decent-sized homes and apartments for just over $500 a month with utilities included. Overall, the cost of living in Carmi, IL is quite reasonable for those looking to relocate or start a family.