Housing costs in Jacob?
A typical home costs
$140,700, which is 58.4% less expensive than the national average of
$338,100 and 41.8% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Jacob costs
$760 per month, which is 46.9% cheaper than the national average of
$1,430 and 65.8% cheaper than the state average of
$1,260.
Can I afford Jacob?
To live comfortably in Jacob (zip 62950), Illinois, a minimum annual income of
$27,000 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Jacob?
Living in 62950 Jacob, IL can be quite affordable. The median home price is around $71,000 and the cost of living index is 88.2 which is lower than the national average making it a great place for those on a budget. Utilities are also quite low with an average monthly electricity bill of just over $100 and an average monthly gas bill of around $40. Tax rates are fairly low as well with a combined state and local rate of just 6%. Overall, Jacob, IL offers an amazing quality of life without breaking the bank.