Housing costs in Grant Park?
A typical home costs
$235,200, which is 30.4% less expensive than the national average of
$338,100 and 2.7% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Grant Park costs
$1,200 per month, which is 16.1% cheaper than the national average of
$1,430 and 5.0% cheaper than the state average of
$1,260.
Can I afford Grant Park?
To live comfortably in Grant Park, Illinois, a minimum annual income of
$45,000 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Grant Park?
The cost of living in Grant Park, IL is generally considered to be quite affordable. The median home price in Grant Park is around $128,000, which is significantly lower than the national average. Additionally, the median household income in the area is roughly $63,000. This means that living in Grant Park can be done quite comfortably on a reasonable budget. Utilities are also relatively inexpensive when compared to other parts of the state and country. Overall, Grant Park is an excellent place to live or visit due to its affordability and strong sense of community.