Housing costs in Ludlow?
A typical home costs
$99,800, which is 70.5% less expensive than the national average of
$338,100 and 58.7% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Ludlow costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 43.2% cheaper than the state average of
$1,260.
Can I afford Ludlow?
To live comfortably in Ludlow, Illinois, a minimum annual income of
$19,080 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Ludlow?
The cost of living in Ludlow, IL is quite affordable. The average home price is around $104,000, which is lower than the national average. Additionally, the median household income in Ludlow is slightly above the state and national averages at $52,722. Moreover, other costs like groceries and healthcare are also lower than most other places in the country. The low cost of living combined with its high quality of life make Ludlow a great place to live.