Housing costs in Des Plaines?
A typical home costs
$267,600, which is 20.9% less expensive than the national average of
$338,100 and 10.7% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Des Plaines costs
$1,420 per month, which is 0.7% cheaper than the national average of
$1,430 and 11.3% more than the state average of
$1,260.
Can I afford Des Plaines?
To live comfortably in Des Plaines, Illinois, a minimum annual income of
$51,120 for a family, and
$49,600 for a single person is recommended.
What does A.I. say about Des Plaines?
The cost of living in Des Plaines, IL is slightly higher than the US average. According to the most recent data, the median house value in Des Plaines is $267,600 while the US average house value is $338,100. Additionally, the cost of living in Des Plaines is 105.5 compared to the national average of 100. This means that Des Plaines has a cost of living that is 5.5% higher than the US average. While this may mean a more expensive lifestyle for some items, it also affords residents greater purchasing power and access to more amenities.