Housing costs in Frankfort Square?
A typical home costs
$270,200, which is 20.1% less expensive than the national average of
$338,100 and 11.8% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Frankfort Square costs
$1,610 per month, which is 12.6% more than the national average of
$1,430 and 21.7% more than the state average of
$1,260.
Can I afford Frankfort Square?
To live comfortably in Frankfort Square, Illinois, a minimum annual income of
$51,840 for a family, and
$56,000 for a single person is recommended.
What does A.I. say about Frankfort Square?
The cost of living in Frankfort Square, IL is relatively low compared to other nearby cities. The median home value in the area is around $225,000, making it a great place for first-time home buyers or those looking for an affordable living option. Additionally, the median household income in the area is nearly $80,000 annually, indicating that residents can generally enjoy a comfortable lifestyle while saving some money. With the added bonus of being close to major cities like Chicago and Indianapolis, Frankfort Square makes for a great place to call home at an affordable price.