Housing costs in Buckingham?
A typical home costs
$162,700, which is 51.9% less expensive than the national average of
$338,100 and 32.7% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Buckingham costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 40.0% cheaper than the state average of
$1,260.
Can I afford Buckingham?
To live comfortably in Buckingham (zip 60917), Illinois, a minimum annual income of
$31,320 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Buckingham?
The cost of living in 60917 Buckingham, IL is very affordable. The median household income is just over $48,000, and the median home value is around $93,800. Property taxes are relatively low, averaging around 1.5% of the home's value each year. Utility costs are also quite reasonable, with electricity and natural gas being among the most expensive utilities at an average of only $160 a month combined. Groceries and other necessities are also low in cost compared to other regions in the state. All in all, 60917 Buckingham provides a great budget-friendly option for anyone looking to relocate or simply enjoy life away from the hustle and bustle of city living.