Housing costs in Lombard?
A typical home costs
$294,300, which is 13.0% less expensive than the national average of
$338,100 and 21.8% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Lombard costs
$1,780 per month, which is 24.5% more than the national average of
$1,430 and 29.2% more than the state average of
$1,260.
Can I afford Lombard?
To live comfortably in Lombard (zip 60148), Illinois, a minimum annual income of
$56,520 for a family, and
$62,000 for a single person is recommended.
What does A.I. say about Lombard?
The cost of living in Lombard is quite reasonable, especially when compared to other parts of the state and country. The median home value is just above $200,000, which is slightly below the national average. Utilities are also relatively inexpensive in the area, with an average monthly electricity bill of around $110. The sales tax rate of 6.25% is reasonably low, and groceries are about 4% cheaper than the national average. Overall, Lombard provides a great place to live for those on a budget while still providing plenty of amenities and things to do.