Housing costs in Buffalo Grove?
A typical home costs
$334,600, which is 1.0% less expensive than the national average of
$338,100 and 38.4% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Buffalo Grove costs
$2,080 per month, which is 45.5% more than the national average of
$1,430 and 39.4% more than the state average of
$1,260.
Can I afford Buffalo Grove?
To live comfortably in Buffalo Grove, Illinois, a minimum annual income of
$64,080 for a family, and
$72,400 for a single person is recommended.
What does A.I. say about Buffalo Grove?
The cost of living in Buffalo Grove, IL is considerably lower than the national average across all categories. Housing prices are generally affordable, with the median home value sitting at $323,100 and the average rent costs around $1,200 per month. Groceries and healthcare costs also tend to be quite reasonable when compared to other cities in the area. Public transportation options are available for those looking to save on commuting expenses, while gas prices typically remain below the national average. All in all, Buffalo Grove remains an attractive place to live with its relatively low cost of living.