Housing costs in Coal City?
A typical home costs
$231,600, which is 31.5% less expensive than the national average of
$338,100 and 4.2% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Coal City costs
$1,260 per month, which is 0.0% cheaper than the national average of
$1,260 and 11.1% cheaper than the state average of
$1,400.
Can I afford Coal City?
To live comfortably in Coal City (zip 60416), Illinois, a minimum annual income of
$44,280 for a family, and
$38,400 for a single person is recommended.
What does A.I. say about Coal City?
The cost of living in 60416 Coal City, IL is generally very affordable. The median home cost for the area is $162,500 and the median rental price is $1,095 per month. In addition to being relatively affordable, the area also offers a variety of amenities such as grocery stores, restaurants, and other entertainment venues. The unemployment rate in this area is 4.9%, which is lower than the national average of 5.8%. Overall, 60416 Coal City is an attractive place to live with its affordability and range of available services.