Housing costs in Tallula?
A typical home costs
$88,600, which is 73.8% less expensive than the national average of
$338,100 and 63.3% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Tallula costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 53.7% cheaper than the state average of
$1,260.
Can I afford Tallula?
To live comfortably in Tallula, Illinois, a minimum annual income of
$16,920 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Tallula?
The cost of living in Tallula, IL is relatively low compared to the national average. Prices for groceries and other basic necessities are very reasonable, with housing being particularly affordable. The median home price is around $125,000, while the median rent is only $910 a month. Additionally, the local tax rate is one of the lowest in the region at just 4%. All these factors make Tallula an attractive option for those looking for an affordable place to live.