Housing costs in Lansing?
A typical home costs
$184,000, which is 45.6% less expensive than the national average of
$338,100 and 23.9% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Lansing costs
$1,260 per month, which is 0.0% cheaper than the national average of
$1,260 and 11.1% cheaper than the state average of
$1,400.
Can I afford Lansing?
To live comfortably in Lansing (zip 60438), Illinois, a minimum annual income of
$35,280 for a family, and
$44,000 for a single person is recommended.
What does A.I. say about Lansing?
The cost of living in 60438 Lansing, IL is quite reasonable. The median home value is approximately $225,000 and the median rent is around $1,160 per month. Taxes are a bit higher than the national average but overall are still quite reasonable. Groceries and other essentials tend to be slightly higher than most parts of the country due to the limited availability of bulk items in the area. Utilities are also a bit on the higher side compared to other surrounding cities, but not prohibitively so. Overall, 60438 Lansing, IL provides an affordable base for those looking for a place to settle down in this part of Illinois.