Housing costs in Grant Park?
A typical home costs
$223,500, which is 33.9% less expensive than the national average of
$338,100 and 7.5% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Grant Park costs
$1,180 per month, which is 17.5% cheaper than the national average of
$1,430 and 6.8% cheaper than the state average of
$1,260.
Can I afford Grant Park?
To live comfortably in Grant Park (zip 60940), Illinois, a minimum annual income of
$42,840 for a family, and
$36,000 for a single person is recommended.
What does A.I. say about Grant Park?
The cost of living in 60940 Grant Park, IL is fairly affordable. The median home price is approximately $85,000, which is lower than the national average. Additionally, the median household income for this area is significantly lower than the national average at about $48,000. This low cost of living makes 60940 Grant Park, IL an attractive location for individuals and families looking to save money. Property taxes are also relatively low compared to other parts of the country. Overall, the cost of living in 60940 Grant Park, IL is quite affordable compared to many other areas in the nation.