Housing costs in Troy Grove?
A typical home costs
$108,400, which is 67.9% less expensive than the national average of
$338,100 and 55.2% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Troy Grove costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 41.6% cheaper than the state average of
$1,260.
Can I afford Troy Grove?
To live comfortably in Troy Grove, Illinois, a minimum annual income of
$20,880 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Troy Grove?
The cost of living in Troy Grove, IL is relatively low compared to other cities and towns in the region. The median home price is around $125,000, which is quite affordable for most families. Property taxes are also fairly low, at around 1.5% of assessed value. This makes it an attractive option for those looking to purchase a home. Additionally, the local economy is strong and employment opportunities are plentiful in the area. With all these factors taken into account, Troy Grove is an excellent place to live for those looking for a good quality of life without breaking the bank.