Housing costs in Industry?
A typical home costs
$74,500, which is 78.0% less expensive than the national average of
$338,100 and 69.2% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Industry costs
$720 per month, which is 49.7% cheaper than the national average of
$1,430 and 75.0% cheaper than the state average of
$1,260.
Can I afford Industry?
To live comfortably in Industry, Illinois, a minimum annual income of
$14,400 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Industry?
The cost of living in Industry, IL is fairly reasonable. The overall cost of living index is around 95.1, which is slightly lower than the U.S. average. Housing costs are the most significant factor impacting the cost of living in Industry, IL and they are relatively low. Median home values are just over $107,000 compared to a national median of $184,700 making homes in Industry much more affordable than other parts of the country. Additionally, transportation costs are also relatively low with gasoline prices averaging around 2% less than the national average and public transit fares being quite reasonable. All in all, the cost of living in Industry, IL makes it an ideal place for those looking for a reasonably priced place to live without sacrificing access to basic amenities or services.