11 Cheapest Places in Illinois To Buy a Home

2) Chatham

This cozy town of roughly 12,000 is just 10 miles south of the state capital of Springfield. The median home price is $166,100, almost $10,000 less than the national and state averages. The median household income here is high as well, just below$74,000. Even though Chatham is a small place, it still has several schools, parks, bars, restaurants, and shopping facilities It’s a great place to raise a family due to decent schools and an overall crime rate that’s 70% below the national average. The cost of living index is below average as well. There’s a very down-to-earth feel in this community centered town, which adds to its charm. There may not be an overwhelming amount to do here, but if you’re looking for a quiet and simple life, Chatham could be for you.