Housing costs in Hampshire?
A typical home costs
$331,600, which is 1.9% less expensive than the national average of
$338,100 and 37.2% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Hampshire costs
$1,890 per month, which is 32.2% more than the national average of
$1,430 and 33.3% more than the state average of
$1,260.
Can I afford Hampshire?
To live comfortably in Hampshire (zip 60140), Illinois, a minimum annual income of
$63,360 for a family, and
$66,000 for a single person is recommended.
What does A.I. say about Hampshire?
The cost of living in 60140 Hampshire, IL is relatively low compared to the national average. According to a recent study by BestPlaces, the overall cost of living index in this area is 80.3, which is 20% lower than the U.S. average. This makes it an attractive option for those looking for a place to live or start a business without having to worry about overly high expenses. Housing costs are particularly low in this area, with an estimated median home price of $142,000 - much lower than the U.S. median of $213,000. Additionally, grocery and healthcare costs are also relatively low compared to the national average, providing further savings for those living in Hampshire.