Housing costs in Palestine?
A typical home costs
$71,400, which is 78.9% less expensive than the national average of
$338,100 and 70.5% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Palestine costs
$700 per month, which is 51.0% cheaper than the national average of
$1,430 and 80.0% cheaper than the state average of
$1,260.
Can I afford Palestine?
To live comfortably in Palestine, Illinois, a minimum annual income of
$13,680 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about Palestine?
The cost of living in Palestine, IL is relatively low compared to other cities and towns in the region. The median household income in Palestine is $43,750, and the median home value is $71,500. The average rent for a one-bedroom apartment is around $450 a month. Utilities such as electricity and water are also affordable. Groceries are also reasonably priced, with basic staples costing about 15% below the national average. With so many affordable options available, living in Palestine can be an attractive option for people looking to save money on living expenses while still enjoying all that this small town has to offer.