Housing costs in Lakewood Shores?
A typical home costs
$183,000, which is 45.9% less expensive than the national average of
$338,100 and 24.3% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Lakewood Shores costs
$1,110 per month, which is 22.4% cheaper than the national average of
$1,430 and 13.5% cheaper than the state average of
$1,260.
Can I afford Lakewood Shores?
To live comfortably in Lakewood Shores, Illinois, a minimum annual income of
$34,920 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about Lakewood Shores?
The cost of living in Lakewood Shores, IL is quite reasonable. With a median home price of just over $215,000 and an average rent of around $1,400 per month, it is no wonder that families and individuals are drawn to this area. Utilities are affordable as well with electricity rates below the national average and gas prices lower than neighboring states. Property taxes are also relatively low compared to other areas in the US. Overall, Lakewood Shores is a great place to call home with its affordability and gorgeous views of the lake.