Housing costs in Momence?
A typical home costs
$143,400, which is 57.6% less expensive than the national average of
$338,100 and 40.7% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Momence costs
$950 per month, which is 33.6% cheaper than the national average of
$1,430 and 32.6% cheaper than the state average of
$1,260.
Can I afford Momence?
To live comfortably in Momence, Illinois, a minimum annual income of
$27,360 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Momence?
The cost of living in Momence, IL is very affordable compared to other parts of the country. The median home value is $81,000, which is significantly lower than the national average of $184,700. Additionally, the average monthly rent for a two-bedroom apartment in Momence is only around $600. This means that those looking to move to Momence can do so without breaking the bank. The cost of other necessities such as food, clothing, and gas are also relatively low due to the small size of Momence and its rural location. All this combined makes it one of the most affordable places to live in Illinois!