Housing costs in Chicago?
A typical home costs
$336,100, which is 0.6% less expensive than the national average of
$338,100 and 39.1% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Chicago costs
$1,440 per month, which is 14.3% more than the national average of
$1,260 and 2.8% more than the state average of
$1,400.
Can I afford Chicago?
To live comfortably in Chicago (zip 60630), Illinois, a minimum annual income of
$64,440 for a family, and
$50,400 for a single person is recommended.
What does A.I. say about Chicago?
The cost of living in 60630 Chicago, IL is quite high. The median home price is around $340,000, which is significantly higher than the national average. Additionally, goods and services are quite expensive due to the city's position as a major metropolitan area. In fact, Chicago ranks as one of the top 10 most expensive cities to live in the United States. With that said, it's still possible to find affordable housing if you look hard enough and prioritize your spending. Overall, 60630 Chicago is a great place to live but can be quite costly when it comes to everyday expenses.