Housing costs in Kankakee?
A typical home costs
$117,300, which is 65.3% less expensive than the national average of
$338,100 and 51.5% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Kankakee costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 20.0% cheaper than the state average of
$1,260.
Can I afford Kankakee?
To live comfortably in Kankakee, Illinois, a minimum annual income of
$22,320 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Kankakee?
Kankakee, IL is a great place to live for those on a budget. The cost of living in the city is quite low compared to other cities in the US; it's about 9% lower than the national average. Renting an apartment or house can be extremely affordable, and groceries and utilities are also quite inexpensive. In addition, Kankakee has a strong economy and plenty of job opportunities, making it even easier to make ends meet. All in all, Kankakee is definitely an affordable option for those who are looking for a great place to live without breaking the bank!