Housing costs in Chatham?
A typical home costs
$245,300, which is 27.4% less expensive than the national average of
$338,100 and 1.5% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Chatham costs
$1,150 per month, which is 8.7% cheaper than the national average of
$1,260 and 20.9% more than the state average of
$910.
Can I afford Chatham?
To live comfortably in Chatham (zip 62629), Illinois, a minimum annual income of
$47,160 for a family, and
$37,600 for a single person is recommended.
What does A.I. say about Chatham?
The cost of living in 62629 Chatham, IL is fairly low compared to other areas. Most consumer goods are about 10-15% below the U.S. average, and housing is about 25-30% below the U.S. average. This makes 62629 Chatham, IL a great place to live for those on a budget or who desire a more affordable lifestyle. Additionally, there are plenty of local amenities and activities for residents to enjoy without breaking the bank.