Housing costs in Arlington Heights?
A typical home costs
$359,900, which is 6.4% more expensive than the national average of
$338,100 and 48.9% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Arlington Heights costs
$1,520 per month, which is 20.6% more than the national average of
$1,260 and 7.9% more than the state average of
$1,400.
Can I afford Arlington Heights?
To live comfortably in Arlington Heights (zip 60005), Illinois, a minimum annual income of
$69,120 for a family, and
$53,200 for a single person is recommended.
What does A.I. say about Arlington Heights?
The cost of living in 60005 Arlington Heights, IL is quite high. According to the most recent data, the overall cost of living index for the ZIP code is 135.9, which is 35.9% higher than the national average. The median home price in the area is $359,500 and the median rent for a two bedroom apartment or house is approximately $1,950 per month. Grocery costs are also relatively high with a typical family of four spending an estimated $550 on groceries each month. Despite these costs, many people choose to live in Arlington Heights due to its proximity to Chicago and access to great schools and other amenities that come with living in a larger city.