Housing costs in New Lenox?
A typical home costs
$344,700, which is 2.0% more expensive than the national average of
$338,100 and 42.6% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in New Lenox costs
$1,450 per month, which is 1.4% more than the national average of
$1,430 and 13.1% more than the state average of
$1,260.
Can I afford New Lenox?
To live comfortably in New Lenox, Illinois, a minimum annual income of
$65,880 for a family, and
$50,400 for a single person is recommended.
What does A.I. say about New Lenox?
The cost of living in New Lenox, IL is fairly moderate compared to other cities in the area. The median home value is around $250,000 and the median rent price is just over $1,300 per month. Furthermore, groceries, health care and other miscellaneous costs are all lower than the national average. Although this may not be ideal for those looking for a bargain, it's still a great place to live with plenty of amenities and activities accessible to residents.