Housing costs in Gilberts?
A typical home costs
$341,000, which is 0.9% more expensive than the national average of
$338,100 and 41.1% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Gilberts costs
$1,890 per month, which is 32.2% more than the national average of
$1,430 and 33.3% more than the state average of
$1,260.
Can I afford Gilberts?
To live comfortably in Gilberts, Illinois, a minimum annual income of
$65,160 for a family, and
$66,000 for a single person is recommended.
What does A.I. say about Gilberts?
Gilberts, IL is a relatively affordable place to live. The cost of living index in the town is approximately 84.8, which is significantly lower than the national average of 100. This means that the overall cost of living in Gilberts, IL is 15.2% lower than the average cost across the United States. Housing costs are particularly competitive, with an average list price for homes being around $251,000 and median rent prices hovering around $1,150 per month. In general, Gilberts, IL is an excellent location for those looking to settle down and enjoy a reasonable cost of living without sacrificing quality of life.