Housing costs in Markham?
A typical home costs
$132,400, which is 60.8% less expensive than the national average of
$338,100 and 45.2% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Markham costs
$1,630 per month, which is 14.0% more than the national average of
$1,430 and 22.7% more than the state average of
$1,260.
Can I afford Markham?
To live comfortably in Markham, Illinois, a minimum annual income of
$25,200 for a family, and
$56,800 for a single person is recommended.
What does A.I. say about Markham?
Markham, IL is an affordable place to live. The cost of living in Markham is 8% lower than the national average, making it one of the most affordable cities in the region. The median home price is also much lower than other cities in the area, at around $122,000. Additionally, utilities such as electricity and water are quite cheap relative to other places in the country. For those looking for an affordable place to call home, Markham is definitely worth considering.