Housing costs in Highland Park?
A typical home costs
$613,300, which is 81.4% more expensive than the national average of
$338,100 and 153.7% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Highland Park costs
$2,220 per month, which is 55.2% more than the national average of
$1,430 and 43.2% more than the state average of
$1,260.
Can I afford Highland Park?
To live comfortably in Highland Park, Illinois, a minimum annual income of
$117,360 for a family, and
$77,600 for a single person is recommended.
What does A.I. say about Highland Park?
Highland Park, IL is a relatively expensive place to live, due in large part to its high median household income. The median home value is over $400,000 and the median rent is around $2,100 per month. Additionally, goods and services cost an average of 11% more than the national average. Despite its high costs, Highland Park offers many amenities such as excellent public education options and access to parks, restaurants, and shops. It's also considered one of the safest cities in Illinois and consistently ranks among the most desirable places to live.