Housing costs in Indian Head Park?
A typical home costs
$297,900, which is 11.9% less expensive than the national average of
$338,100 and 23.3% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Indian Head Park costs
$1,390 per month, which is 2.8% cheaper than the national average of
$1,430 and 9.4% more than the state average of
$1,260.
Can I afford Indian Head Park?
To live comfortably in Indian Head Park, Illinois, a minimum annual income of
$57,240 for a family, and
$48,400 for a single person is recommended.
What does A.I. say about Indian Head Park?
The cost of living in Indian Head Park, IL is fairly reasonable when compared to other areas. The median home value in the area is approximately $400,000 which is below the national average and only slightly above the median for Illinois. Rent prices are also quite reasonable, with a median price of about $1,100 per month. Property taxes are also considered to be relatively low compared to other areas in the state. Other living expenses such as food and transportation costs are similar to any other metro area. Overall, Indian Head Park offers residents an affordable cost of living while still providing access to all of the amenities of a larger city.