Housing costs in Itasca?
A typical home costs
$339,000, which is 0.3% more expensive than the national average of
$338,100 and 40.3% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Itasca costs
$1,570 per month, which is 9.8% more than the national average of
$1,430 and 19.7% more than the state average of
$1,260.
Can I afford Itasca?
To live comfortably in Itasca, Illinois, a minimum annual income of
$64,800 for a family, and
$54,800 for a single person is recommended.
What does A.I. say about Itasca?
The cost of living in Itasca, IL is quite affordable. The median home price in the area is $209,100 which is 7.5% lower than the Illinois average and 30.7% lower than the national average. Additionally, the overall cost of living index for Itasca is 97.5, which is slightly lower than the US average of 100. This means that goods and services in this area are about 2.5% cheaper than average. The median household income for Itasca was reported to be $91,817 in 2018 - 6% higher than the state average. Finally, taxes are relatively low with an effective property tax rate of just 1%. All these factors make it a great place to live with an affordable cost of living.