Housing costs in Monroe Center?
A typical home costs
$199,200, which is 41.1% less expensive than the national average of
$338,100 and 17.6% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Monroe Center costs
$1,070 per month, which is 25.2% cheaper than the national average of
$1,430 and 17.8% cheaper than the state average of
$1,260.
Can I afford Monroe Center?
To live comfortably in Monroe Center, Illinois, a minimum annual income of
$38,160 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Monroe Center?
The cost of living in Monroe Center, IL is quite reasonable. Goods and services tend to be affordable when compared to other cities in Illinois and the surrounding areas. The median home price in the area is around $150,000, and rent averages about $900 per month. Groceries and other necessities are relatively inexpensive as well. It is also easy to find deals on entertainment, dining out, and leisure activities throughout the city. All in all, Monroe Center offers residents a great quality of life at an affordable cost.