Housing costs in Chicago?
A typical home costs
$574,400, which is 69.9% more expensive than the national average of
$338,100 and 137.6% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Chicago costs
$2,190 per month, which is 73.8% more than the national average of
$1,260 and 36.1% more than the state average of
$1,400.
Can I afford Chicago?
To live comfortably in Chicago (zip 60603), Illinois, a minimum annual income of
$110,160 for a family, and
$76,400 for a single person is recommended.
What does A.I. say about Chicago?
The cost of living in 60603 Chicago, IL is relatively high compared to other parts of the country. The average rent for a one-bedroom apartment in the area is around $1700 per month, and utilities are estimated to be around $150 per month. Groceries, transportation, and healthcare are also slightly more expensive than the national average. However, 60603 Chicago, IL offers a wide range of amenities and attractions that make up for the higher price tag. Residents enjoy access to some of the best restaurants, shopping centers, parks, and cultural attractions in Midwestern United States.