Housing costs in Glencoe?
A typical home costs
$1,129,700, which is 234.1% more expensive than the national average of
$338,100 and 367.4% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Glencoe costs
$2,050 per month, which is 62.7% more than the national average of
$1,260 and 31.7% more than the state average of
$1,400.
Can I afford Glencoe?
To live comfortably in Glencoe (zip 60022), Illinois, a minimum annual income of
$216,360 for a family, and
$71,600 for a single person is recommended.
What does A.I. say about Glencoe?
The cost of living in 60022 Glencoe, IL is relatively high compared to the national average. According to BestPlaces, the median home price in Glencoe is $867,000. That figure is more than three times higher than the national median home price of $216,200. The average rent for a two-bedroom apartment in Glencoe is $2,360 per month, which is also much higher than the national average rental rate of $1,153. Additionally, groceries and goods tend to be slightly more expensive in Glencoe due to its higher cost of living.