Housing costs in Preston Heights?
A typical home costs
$140,400, which is 58.5% less expensive than the national average of
$338,100 and 41.9% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Preston Heights costs
$1,300 per month, which is 9.1% cheaper than the national average of
$1,430 and 3.1% more than the state average of
$1,260.
Can I afford Preston Heights?
To live comfortably in Preston Heights, Illinois, a minimum annual income of
$27,000 for a family, and
$45,600 for a single person is recommended.
What does A.I. say about Preston Heights?
The cost of living in Preston Heights, IL is slightly higher than the national average. However, the median household income is also higher than the national average, so residents are able to easily afford to live in this area. The housing market is booming and rents are affordable compared to other cities in the same region. There are plenty of grocery stores, restaurants, and entertainment options available for locals which keeps the cost of living relatively low. The local schools and parks are well maintained and offer great amenities for families of all sizes. Overall, Preston Heights is an ideal place to live for those who want a comfortable lifestyle at an affordable price.