Housing costs in Lake Catherine?
A typical home costs
$242,900, which is 28.2% less expensive than the national average of
$338,100 and 0.5% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Lake Catherine costs
$1,270 per month, which is 11.2% cheaper than the national average of
$1,430 and close to the state average of
$1,260.
Can I afford Lake Catherine?
To live comfortably in Lake Catherine, Illinois, a minimum annual income of
$46,440 for a family, and
$44,400 for a single person is recommended.
What does A.I. say about Lake Catherine?
The cost of living in Lake Catherine, IL is relatively low compared to other areas in the country. The median home value is around $188,600 and the median rent is around $1,100, both of which are very affordable. This makes it a great place for people looking for a place to live that won’t break the bank. The cost of food, transportation, utilities, and other necessities are also quite low in Lake Catherine. With such an affordable cost of living combined with all the activities available in this beautiful area makes it a wonderful place to call home.