Housing costs in Clare?
A typical home costs
$431,900, which is 27.7% more expensive than the national average of
$338,100 and 78.7% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Clare costs
$1,070 per month, which is 25.2% cheaper than the national average of
$1,430 and 17.8% cheaper than the state average of
$1,260.
Can I afford Clare?
To live comfortably in Clare (zip 60111), Illinois, a minimum annual income of
$82,800 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Clare?
The cost of living in 60111 Clare, IL is relatively low compared to other areas in the country. The median home value in this area is around $97,700, which is significantly lower than the national average of $184,700. Additionally, the median household income for residents of Clare is slightly below the national average at $51,594 annually. This makes it an affordable place to live and allows many people to make ends meet without having to break their budget. Along with these economic benefits, there are also plenty of recreational activities available in Clare as well as numerous shopping malls and restaurants that provide excellent services at a reasonable price.