Housing costs in Coal Valley?
A typical home costs
$213,200, which is 36.9% less expensive than the national average of
$338,100 and 11.8% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Coal Valley costs
$1,340 per month, which is 6.3% cheaper than the national average of
$1,430 and 6.0% more than the state average of
$1,260.
Can I afford Coal Valley?
To live comfortably in Coal Valley, Illinois, a minimum annual income of
$40,680 for a family, and
$43,200 for a single person is recommended.
What does A.I. say about Coal Valley?
The cost of living in Coal Valley, IL is quite reasonable compared to other parts of the country. The average cost for a three-bedroom home is around $150,000, making it an affordable option for those looking to buy a home. Additionally, groceries and other essential goods are competitively priced, with the overall cost of living index only slightly higher than the national average. The low cost of housing makes Coal Valley an attractive option for those seeking to purchase a home in a rural setting but still close enough to major metropolitan areas.