Housing costs in Forrest?
A typical home costs
$132,300, which is 60.9% less expensive than the national average of
$338,100 and 45.3% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Forrest costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 50.0% cheaper than the state average of
$1,260.
Can I afford Forrest?
To live comfortably in Forrest, Illinois, a minimum annual income of
$25,200 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Forrest?
The cost of living in Forrest, IL is quite reasonable. The median home value is approximately $75,400, and the median household income is $45,151. The area offers plenty of affordable housing options, with the average rent for a two-bedroom apartment coming in at just under $800 per month. Utility costs are also relatively low, with electricity rates being slightly below the national average. Additionally, while taxes can be a bit higher than in other parts of the state due to local fees, overall they remain relatively low. Overall, Forrest provides an affordable cost of living that makes it an attractive place for anyone looking to settle down or start a new business.