Housing costs in Joliet?
A typical home costs
$145,500, which is 57.0% less expensive than the national average of
$338,100 and 39.8% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Joliet costs
$1,210 per month, which is 15.4% cheaper than the national average of
$1,430 and 4.1% cheaper than the state average of
$1,260.
Can I afford Joliet?
To live comfortably in Joliet (zip 60432), Illinois, a minimum annual income of
$27,720 for a family, and
$42,000 for a single person is recommended.
What does A.I. say about Joliet?
The cost of living in Joliet, IL (zip code 60432) is relatively affordable. According to Best Places, the median household income in Joliet is $59,813, which is slightly higher than the national median household income of $59,039. The cost of housing in Joliet is 8% lower than the national average, with a median home value of $165,600. In addition to housing costs being below average, utilities and transportation prices are also below average compared to the rest of the country as well. Overall, living in Joliet is more affordable than many other parts of the country and provides its residents with an attractive balance between cost and quality of life.