Housing costs in Rolling Meadows?
A typical home costs
$273,200, which is 19.2% less expensive than the national average of
$338,100 and 13.0% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Rolling Meadows costs
$1,640 per month, which is 14.7% more than the national average of
$1,430 and 23.2% more than the state average of
$1,260.
Can I afford Rolling Meadows?
To live comfortably in Rolling Meadows, Illinois, a minimum annual income of
$52,200 for a family, and
$57,200 for a single person is recommended.
What does A.I. say about Rolling Meadows?
The cost of living in Rolling Meadows, IL is relatively affordable for the area. The median listing price for a home is around $285,000 and the median rent for a one-bedroom apartment is $1,095 per month. Food expenses are also quite reasonable with an average grocery bill of roughly $320 per month and eating out costing anywhere from $15 to $50 depending on the restaurant. Additionally, utility costs generally range between $100 to $200 per month. All in all, Rolling Meadows is a great place to live with its low cost of living making it an attractive option for anyone looking for an affordable city to live in.