Housing costs in Hoffman Estates?
A typical home costs
$309,400, which is 8.5% less expensive than the national average of
$338,100 and 28.0% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Hoffman Estates costs
$1,840 per month, which is 28.7% more than the national average of
$1,430 and 31.5% more than the state average of
$1,260.
Can I afford Hoffman Estates?
To live comfortably in Hoffman Estates, Illinois, a minimum annual income of
$59,400 for a family, and
$64,400 for a single person is recommended.
What does A.I. say about Hoffman Estates?
Hoffman Estates, IL has an overall above average cost of living thanks largely in part to its high real estate values and tax rates when compared other places within Illinois and the nation as a whole but can vary depending on neighborhood so one must shop around if they want the best deal available during their search for a place to call home here too.