Housing costs in Prospect Heights?
A typical home costs
$297,000, which is 12.2% less expensive than the national average of
$338,100 and 22.9% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Prospect Heights costs
$1,370 per month, which is 4.2% cheaper than the national average of
$1,430 and 8.0% more than the state average of
$1,260.
Can I afford Prospect Heights?
To live comfortably in Prospect Heights, Illinois, a minimum annual income of
$56,880 for a family, and
$48,000 for a single person is recommended.
What does A.I. say about Prospect Heights?
Prospect Heights, IL is a great city to live in for those looking for an affordable cost of living. Although the average price of a home in Prospect Heights is higher than the national average, it is still relatively low compared to other cities in the area. In addition, the cost of groceries and other daily essentials are very reasonable in Prospect Heights. Utility costs are also quite affordable in this city, making it a great option for those looking for an economical place to settle down. All in all, Prospect Heights offers a great quality of life at a very reasonable cost.