Housing costs in Wheeling?
A typical home costs
$240,600, which is 28.8% less expensive than the national average of
$338,100 and 0.5% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Wheeling costs
$1,620 per month, which is 13.3% more than the national average of
$1,430 and 22.2% more than the state average of
$1,260.
Can I afford Wheeling?
To live comfortably in Wheeling, Illinois, a minimum annual income of
$46,080 for a family, and
$56,400 for a single person is recommended.
What does A.I. say about Wheeling?
The cost of living in Wheeling, IL is quite affordable. According to Sperling’s Best Places, the cost of living index for Wheeling is 86.7 - almost 14 points below the national average. This means that housing prices and other everyday costs are significantly lower than in many other parts of the country. In addition, the unemployment rate in Wheeling is currently 5.2%, which is lower than the national average, providing an economic environment that makes it easier to make ends meet. All these factors make Wheeling a great option for those looking for an affordable place to live with plenty of job opportunities.