Housing costs in Washington Park?
A typical home costs
$50,300, which is 85.1% less expensive than the national average of
$338,100 and 79.2% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Washington Park costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 41.6% cheaper than the state average of
$1,260.
Can I afford Washington Park?
To live comfortably in Washington Park, Illinois, a minimum annual income of
$9,720 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Washington Park?
The cost of living in Washington Park, IL is quite reasonable. The median home value is around $68,000, which is significantly lower than the national average. Additionally, the median household income is just over $30,000, which is also lower than the national average. This low cost of living makes it a great place to live for those on a budget. Property taxes are also relatively low compared to other areas in the state, further contributing to the overall affordability.