Housing costs in Channahon?
A typical home costs
$318,500, which is 5.8% less expensive than the national average of
$338,100 and 31.8% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Channahon costs
$1,660 per month, which is 16.1% more than the national average of
$1,430 and 24.1% more than the state average of
$1,260.
Can I afford Channahon?
To live comfortably in Channahon, Illinois, a minimum annual income of
$61,200 for a family, and
$57,600 for a single person is recommended.
What does A.I. say about Channahon?
The cost of living in Channahon, IL is generally quite affordable. According to BestPlaces, the cost of living index is 86.8, which is 14.2% lower than the national average. Housing costs are especially low, with a median home value of $196,000 and an average rent on a two-bedroom apartment around $1,110 per month. The median household income is just over $77,200. Overall, Channahon provides an affordable and comfortable lifestyle for both residents and visitors alike.