Housing costs in DeKalb?
A typical home costs
$193,000, which is 42.9% less expensive than the national average of
$338,100 and 20.1% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in DeKalb costs
$1,140 per month, which is 20.3% cheaper than the national average of
$1,430 and 10.5% cheaper than the state average of
$1,260.
Can I afford DeKalb?
To live comfortably in DeKalb (zip 60115), Illinois, a minimum annual income of
$37,080 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about DeKalb?
The cost of living in 60115 DeKalb, IL is relatively low compared to many other parts of the country. According to a recent report from the Economic Policy Institute, the cost of living is 11.1% lower than the national average. Housing costs are especially attractive in this area, as they are 22.2% below the national average. The median home value is around $137,000, making it an affordable area to live for those on a budget. Additionally, transportation costs are also comparatively low; taxes and utilities are slightly above average, but still manageable for most households. All in all, residents of 60115 DeKalb enjoy a reasonable cost of living and can find affordable housing options in this rapidly growing community.