Housing costs in McHenry?
A typical home costs
$238,000, which is 29.6% less expensive than the national average of
$338,100 and 1.5% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in McHenry costs
$1,550 per month, which is 8.4% more than the national average of
$1,430 and 18.7% more than the state average of
$1,260.
Can I afford McHenry?
To live comfortably in McHenry, Illinois, a minimum annual income of
$45,720 for a family, and
$54,000 for a single person is recommended.
What does A.I. say about McHenry?
The cost of living in McHenry, IL is quite reasonable. The median home value in the city is around $215,000, which is significantly lower than the national average. In addition, utilities are relatively inexpensive when compared to nearby cities and towns. Additionally, the overall cost of groceries and other goods tend to be cheaper than many surrounding areas. All in all, McHenry makes for an affordable place to live with plenty of amenities available within a short drive.