Housing costs in Midlothian?
A typical home costs
$213,700, which is 36.8% less expensive than the national average of
$338,100 and 11.6% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Midlothian costs
$1,240 per month, which is 13.3% cheaper than the national average of
$1,430 and close to the state average of
$1,260.
Can I afford Midlothian?
To live comfortably in Midlothian, Illinois, a minimum annual income of
$41,040 for a family, and
$43,200 for a single person is recommended.
What does A.I. say about Midlothian?
The cost of living in Midlothian, IL is relatively affordable, making it a great place to live on a budget. The overall cost of living index is 1% below the national average. Housing costs are particularly reasonable in Midlothian, with the median home value at around $105,000 and the median rent being $1,100 for a one-bedroom apartment. Additionally, food costs and transportation costs are also lower than the national average. This makes Midlothian an attractive option for those looking to save money without sacrificing amenities or quality of life.