Housing costs in Joliet?
A typical home costs
$325,600, which is 3.7% less expensive than the national average of
$338,100 and 34.7% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Joliet costs
$2,110 per month, which is 67.5% more than the national average of
$1,260 and 33.6% more than the state average of
$1,400.
Can I afford Joliet?
To live comfortably in Joliet (zip 60586), Illinois, a minimum annual income of
$62,280 for a family, and
$73,600 for a single person is recommended.
What does A.I. say about Joliet?
The cost of living in 60586 Joliet, IL is relatively low compared to the national average. According to Best Places, living costs index for 60586 is 96.2 while the national average is 100. This is great news for residents as it means their money will stretch further when purchasing groceries, housing and other goods and services. The median home price for 60586 Joliet, IL was recently estimated at $168,200 which is significantly lower than the national average of $231,200. Renters can also benefit from living in this area as the median rent price is only about $915 which again is lower than the national average coming in at around $1,470 per month.