Housing costs in Knollwood?
A typical home costs
$401,900, which is 18.9% more expensive than the national average of
$338,100 and 66.3% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Knollwood costs
$1,750 per month, which is 22.4% more than the national average of
$1,430 and 28.0% more than the state average of
$1,260.
Can I afford Knollwood?
To live comfortably in Knollwood, Illinois, a minimum annual income of
$77,040 for a family, and
$60,800 for a single person is recommended.
What does A.I. say about Knollwood?
Knollwood, IL is a great place to live for those on a budget! The cost of living in Knollwood is quite reasonable, with the median home price being significantly lower than the national average. Additionally, the taxes are generally low and there are plenty of affordable apartments and homes. Groceries, transportation costs, and other household expenses remain reasonable as well. This makes Knollwood a great fit for people who want to save money without compromising on quality of life or convenience.