Housing costs in Chicago?
A typical home costs
$254,600, which is 24.7% less expensive than the national average of
$338,100 and 5.3% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Chicago costs
$1,810 per month, which is 43.7% more than the national average of
$1,260 and 22.7% more than the state average of
$1,400.
Can I afford Chicago?
To live comfortably in Chicago (zip 60660), Illinois, a minimum annual income of
$48,960 for a family, and
$63,200 for a single person is recommended.
What does A.I. say about Chicago?
The cost of living in 60660 Chicago, IL is quite high; however, it can vary depending on the neighborhood. In general, the average monthly cost of housing is about $1,500 per month. Transportation costs are also relatively high, with the average monthly transportation cost in this area being around $200. The overall cost of living is higher than the national average due to taxes and higher prices for goods and services. Additionally, housing costs have been rising over the past few years as demand increases for housing in this area. Despite these challenges, 60660 Chicago, IL is a great place to live due to its vibrant cultural scene and attractions such as Millennium Park.