Housing costs in Grandwood Park?
A typical home costs
$313,000, which is 7.4% less expensive than the national average of
$338,100 and 29.5% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Grandwood Park costs
$1,550 per month, which is 8.4% more than the national average of
$1,430 and 18.7% more than the state average of
$1,260.
Can I afford Grandwood Park?
To live comfortably in Grandwood Park, Illinois, a minimum annual income of
$60,120 for a family, and
$54,000 for a single person is recommended.
What does A.I. say about Grandwood Park?
The cost of living in Grandwood Park, IL is relatively low compared to other towns and cities in the region. The median home value is around $183,000 which is much lower than the surrounding suburbs and even some of the more rural counties nearby. Additionally, groceries, transportation, and utilities are all reasonably priced. Renting a one-bedroom apartment in Grandwood Park typically costs around $930 per month, which makes it an affordable place for people who are looking to save money on living expenses. Overall, Grandwood Park is an excellent choice for those who want to live comfortably while still maintaining a budget.