Housing costs in Mundelein?
A typical home costs
$299,000, which is 11.6% less expensive than the national average of
$338,100 and 23.7% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Mundelein costs
$1,690 per month, which is 18.2% more than the national average of
$1,430 and 25.4% more than the state average of
$1,260.
Can I afford Mundelein?
To live comfortably in Mundelein, Illinois, a minimum annual income of
$57,240 for a family, and
$58,800 for a single person is recommended.
What does A.I. say about Mundelein?
The cost of living in Mundelein, IL is relatively low compared to other cities in the state and nation. The median home price is around $220,000, making it an affordable place for those looking to purchase a house. Groceries are also quite inexpensive, with many items costing less than in nearby cities. Rent prices vary depending on the location but generally range from $1,000-$2,000 per month. Transportation costs can be quite high due to its distance from Chicago, but overall it's still cheaper than many larger cities in the region. Additionally, there are no income taxes charged in Illinois which can help make Mundelein an attractive option for those looking to save money and live comfortably.