Housing costs in Naperville?
A typical home costs
$493,300, which is 45.9% more expensive than the national average of
$338,100 and 104.1% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Naperville costs
$1,950 per month, which is 36.4% more than the national average of
$1,430 and 35.4% more than the state average of
$1,260.
Can I afford Naperville?
To live comfortably in Naperville, Illinois, a minimum annual income of
$94,680 for a family, and
$68,000 for a single person is recommended.
What does A.I. say about Naperville?
Living in Naperville, IL comes with a higher cost of living than the national average. According to data from 2017-2018, the cost of living in Naperville is 121.8 compared to the US average of 100. This means that basic goods and services are 21.8% more expensive in Naperville than they are nationally. Moreover, the median house value is $493,300 which is significantly higher than the US median house value of $338,100. Thus, it can be concluded that Naperville is an expensive place to live but offers a quality lifestyle with its strong economy and abundance of amenities.