Housing costs in Joliet?
A typical home costs
$163,100, which is 51.8% less expensive than the national average of
$338,100 and 32.5% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Joliet costs
$1,400 per month, which is 2.1% cheaper than the national average of
$1,430 and 10.0% more than the state average of
$1,260.
Can I afford Joliet?
To live comfortably in Joliet (zip 60436), Illinois, a minimum annual income of
$31,320 for a family, and
$48,800 for a single person is recommended.
What does A.I. say about Joliet?
The cost of living in 60436 Joliet, IL is relatively low compared to other parts of the country. According to BestPlaces.net, the median home cost in 60436 is $180,600 which is 18.3% lower than the national average. Additionally, the overall cost of living index for the area is 87.2 which is 12.8% lower than the national average. This means that basic goods and services like groceries, utilities, and healthcare, are more affordable than in other parts of the country. Renters can also find good deals with an average rent of $902 per month and a rent burden that is 18% lower than the US average. In summary, 60436 Joliet, IL has an attractive cost of living that could be beneficial to potential residents looking for a more affordable place to live.