Housing costs in Joliet?
A typical home costs
$279,300, which is 17.4% less expensive than the national average of
$338,100 and 15.6% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Joliet costs
$1,700 per month, which is 34.9% more than the national average of
$1,260 and 17.6% more than the state average of
$1,400.
Can I afford Joliet?
To live comfortably in Joliet (zip 60431), Illinois, a minimum annual income of
$53,640 for a family, and
$59,200 for a single person is recommended.
What does A.I. say about Joliet?
The cost of living in 60431 Joliet, IL is quite reasonable. According to the most recent data from BestPlaces, the overall cost of living index for this zip code is 87 out of 100 - which is lower than the U.S average of 100. This means that general everyday expenses like groceries, transportation, health care, and utilities are all below the national average for this area. Moreover, housing values in this zip code remain fairly affordable with a median home price of $133,800 compared to the U.S median home price of $185,400. All in all, 60431 Joliet offers a great value for what people get and can be an ideal place to call home.