Housing costs in Hammond?
A typical home costs
$95,600, which is 71.7% less expensive than the national average of
$338,100 and 60.4% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Hammond costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 41.6% cheaper than the state average of
$1,260.
Can I afford Hammond?
To live comfortably in Hammond, Illinois, a minimum annual income of
$18,360 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Hammond?
The cost of living in Hammond, IL is relatively low compared to other parts of the country. The median home value in Hammond is $84,800, which is much lower than the U.S. median of over $200,000. Additionally, the cost of groceries and healthcare are quite affordable as well. Overall, Hammond is an excellent place to live for those looking for a more budget-friendly lifestyle that still offers plenty to do and see!