Housing costs in Chicago?
A typical home costs
$303,600, which is 10.2% less expensive than the national average of
$338,100 and 25.6% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Chicago costs
$1,560 per month, which is 23.8% more than the national average of
$1,260 and 10.3% more than the state average of
$1,400.
Can I afford Chicago?
To live comfortably in Chicago (zip 60659), Illinois, a minimum annual income of
$58,320 for a family, and
$54,400 for a single person is recommended.
What does A.I. say about Chicago?
The cost of living in Chicago's 60659 zip code is quite high. The median home value in the area is around $226,000, which is nearly double the national average. Additionally, the median rent for a one-bedroom apartment in the area is around $1,400 per month. Groceries and other essential items such as gas are also quite expensive compared to other parts of the country. Overall, living in 60659 can be pricey, so it's important to consider all costs when budgeting for this area.