Housing costs in Lombard?
A typical home costs
$308,400, which is 8.8% less expensive than the national average of
$338,100 and 27.6% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Lombard 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 Lombard?
To live comfortably in Lombard, Illinois, a minimum annual income of
$59,040 for a family, and
$62,800 for a single person is recommended.
What does A.I. say about Lombard?
The cost of living in Lombard, IL is relatively high compared to other parts of the country. According to the Cost of Living Index, Lombard has a score of 115.5 which indicates that it is 15.5% more expensive than the national average. Housing costs, transportation costs and utility costs are some of the highest expenses contributing to this higher cost of living. However, Lombard offers plenty of opportunities for employment and entertainment as well as access to quality education and healthcare. This makes it an attractive place to live despite its slightly higher cost of living compared to other areas in the US.