Housing costs in Bedford Park?
A typical home costs
$221,100, which is 34.6% less expensive than the national average of
$338,100 and 8.5% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Bedford Park costs
$1,110 per month, which is 22.4% cheaper than the national average of
$1,430 and 13.5% cheaper than the state average of
$1,260.
Can I afford Bedford Park?
To live comfortably in Bedford Park, Illinois, a minimum annual income of
$42,480 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about Bedford Park?
Bedford Park, IL is an affordable place to live with its cost of living being slightly below the national average. Housing costs in Bedford Park are especially attractive, as the median home value is $163,800 and the median monthly rent is $1,159. Goods and services also come at a reasonable price compared to other areas, with a grocery index that’s one percent lower than the U.S. average and a Utilities score two percent higher than the U.S. average. In addition to low costs for everyday living expenses, taxes in Bedford Park are relatively low as well. Property taxes are set at just 0.48% of home value while sales tax is 7%. All these factors make Bedford Park an enticing option for those looking for an affordable place to live.