Housing costs in Alvin?
A typical home costs
$141,700, which is 58.1% less expensive than the national average of
$338,100 and 41.4% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Alvin costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 43.2% cheaper than the state average of
$1,260.
Can I afford Alvin?
To live comfortably in Alvin (zip 61811), Illinois, a minimum annual income of
$27,000 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Alvin?
The cost of living in 61811 Alvin, IL is relatively low compared to the national average. Housing costs are particularly inexpensive, with the median home value coming in at just over $100,000. This can be attributed to the fact that most homes in this area are older and typically require some level of renovation. In addition, utility costs are quite low due to the abundance of sources for natural gas and electricity. Groceries are a bit more expensive than other parts of the country but still remain reasonable overall. Overall, 61811 Alvin, IL is an affordable place to live with a pleasant quality of life.