Housing costs in Lake in the Hills?
A typical home costs
$306,800, which is 9.3% less expensive than the national average of
$338,100 and 26.9% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Lake in the Hills costs
$1,800 per month, which is 25.9% more than the national average of
$1,430 and 30.0% more than the state average of
$1,260.
Can I afford Lake in the Hills?
To live comfortably in Lake in the Hills, Illinois, a minimum annual income of
$58,680 for a family, and
$62,800 for a single person is recommended.
What does A.I. say about Lake in the Hills?
The cost of living in Lake in the Hills, IL is slightly higher than the national average. A single person can expect to pay around $800 a month in rent, while a family of four could expect to pay around $1200-1400 per month. Groceries and other essential items also tend to be more expensive than the national average. However, there are some advantages to living in Lake in the Hills as well, such as lower taxes and a relatively low crime rate. The overall cost of living may be slightly higher than average but there are some advantages that make it worth considering for those looking for a new place to call home.