Housing costs in Clarendon Hills?
A typical home costs
$487,100, which is 44.1% more expensive than the national average of
$338,100 and 101.5% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Clarendon Hills costs
$1,200 per month, which is 16.1% cheaper than the national average of
$1,430 and 5.0% cheaper than the state average of
$1,260.
Can I afford Clarendon Hills?
To live comfortably in Clarendon Hills (zip 60514), Illinois, a minimum annual income of
$93,240 for a family, and
$41,600 for a single person is recommended.
What does A.I. say about Clarendon Hills?
Living in 60514 Clarendon Hills, IL can be quite expensive. The median home price is $459,645, and the average rent for a three-bedroom apartment is $2,400 per month. On top of that, the cost of living index is significantly higher than the national average at 125.3. This means basic goods and services are more expensive here than most other places in the country. Groceries cost 17% more than the national average while utilities are 35% higher. Healthcare is also costly with an index of 123.5, which is higher than most other states in the US. All in all, living in 60514 Clarendon Hills comes with a hefty price tag and should be taken into consideration when factoring in your budget for this area.