Housing costs in Bannockburn?
A typical home costs
$991,600, which is 193.3% more expensive than the national average of
$338,100 and 310.3% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Bannockburn costs
$2,110 per month, which is 47.6% more than the national average of
$1,430 and 40.3% more than the state average of
$1,260.
Can I afford Bannockburn?
To live comfortably in Bannockburn, Illinois, a minimum annual income of
$190,080 for a family, and
$73,600 for a single person is recommended.
What does A.I. say about Bannockburn?
The cost of living in Bannockburn, IL is slightly higher than the national average. Housing costs are above the national median, with the median list price for a home in Bannockburn being $717,500. Despite this, the overall cost of living is still relatively affordable due to lower than average transportation and healthcare costs. Groceries and utilities also remain lower than most other cities in the state. All these factors combined make Bannockburn an attractive place to live for people who want to enjoy a high quality of life without breaking the bank.