Housing costs in Burbank?
A typical home costs
$253,600, which is 25.0% less expensive than the national average of
$338,100 and 4.9% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Burbank costs
$1,360 per month, which is 4.9% cheaper than the national average of
$1,430 and 7.4% more than the state average of
$1,260.
Can I afford Burbank?
To live comfortably in Burbank (zip 60459), Illinois, a minimum annual income of
$48,600 for a family, and
$47,200 for a single person is recommended.
What does A.I. say about Burbank?
The cost of living in 60459 Burbank, IL is quite affordable. Groceries, housing and utilities are all reasonably priced, making the area attractive for first time home buyers. The median house price in Burbank is $172,400, which is significantly lower than other surrounding areas. Additionally, monthly rent prices are fairly low compared to other cities. Dining out can also be affordable since there are many restaurants with reasonably priced menu items and specials. Overall, the cost of living in Burbank is reasonable and makes it an ideal place to call home.