
Housing costs in Durand?
A typical home costs
$161,300, which is 52.3% less expensive than the national average of
$338,100 and 33.3% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Durand costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 57.5% cheaper than the state average of
$1,260.
Can I afford Durand?
To live comfortably in Durand, Illinois, a minimum annual income of
$30,960 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Durand?
The cost of living in Durand, IL is generally considered to be lower than the national average. The median rent for a one-bedroom apartment is only $642 per month, much lower than the national median of $949 per month. Groceries, utilities, and transportation costs are also usually lower in Durand compared to other parts of the country. Additionally, state taxes are relatively low and there is no sales tax on purchases made within city limits. Overall, Durand is an affordable place to live and provides its residents with a great quality of life at a reasonable cost.