Housing costs in Essex?
A typical home costs
$222,800, which is 34.1% less expensive than the national average of
$338,100 and 7.8% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Essex costs
$1,260 per month, which is 11.9% cheaper than the national average of
$1,430 and close to the state average of
$1,260.
Can I afford Essex?
To live comfortably in Essex (zip 60935), Illinois, a minimum annual income of
$42,840 for a family, and
$38,400 for a single person is recommended.
What does A.I. say about Essex?
The cost of living in 60935 Essex, IL is quite reasonable. According to Sperling's Best Places, the overall cost of living index for this area is 84, which is 16% lower than the national average. This means that everyday necessities like groceries and transportation costs are significantly cheaper than other parts of the country. Further, housing costs are relatively low with the median home value being around $62,400. This makes it a great place for people looking to live affordably without sacrificing amenities like good schools and plenty of recreational activities.