Housing costs in Downers Grove?
A typical home costs
$391,700, which is 15.9% more expensive than the national average of
$338,100 and 62.1% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Downers Grove costs
$1,620 per month, which is 28.6% more than the national average of
$1,260 and 13.6% more than the state average of
$1,400.
Can I afford Downers Grove?
To live comfortably in Downers Grove (zip 60515), Illinois, a minimum annual income of
$74,880 for a family, and
$56,400 for a single person is recommended.
What does A.I. say about Downers Grove?
Living in 60515 Downers Grove, IL is relatively affordable. According to BestPlaces's Cost of Living Index, the estimated cost of living for a single adult in this zip code is approximately $2,080 per month. This includes the cost of housing, food, transportation, healthcare, and other basic necessities. Groceries are reasonably priced and there are plenty of options for entertainment without breaking the bank. The median home price is around $329,000 making it an excellent choice for first-time home buyers who want to own a beautiful and safe property in a friendly community setting.