Housing costs in Elmwood Park?
A typical home costs
$288,600, which is 14.6% less expensive than the national average of
$338,100 and 19.4% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Elmwood Park costs
$1,360 per month, which is 7.9% more than the national average of
$1,260 and 2.9% cheaper than the state average of
$1,400.
Can I afford Elmwood Park?
To live comfortably in Elmwood Park (zip 60707), Illinois, a minimum annual income of
$55,440 for a family, and
$47,600 for a single person is recommended.
What does A.I. say about Elmwood Park?
The cost of living in 60707 Elmwood Park, IL is quite reasonable. Compared to the national average, the cost of groceries in the area is 5% lower, while the cost of housing is 4.2% lower than the national average. There are several shopping centers and grocery stores within a few miles radius from this zip code, making it very convenient for residents to purchase their necessary goods and services. Additionally, there are plenty of affordable dining options in and around Elmwood Park as well. All in all, living in 60707 Elmwood Park is quite economical.