Housing costs in Manhattan?
A typical home costs
$323,100, which is 4.4% less expensive than the national average of
$338,100 and 33.7% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Manhattan costs
$1,470 per month, which is 2.8% more than the national average of
$1,430 and 14.3% more than the state average of
$1,260.
Can I afford Manhattan?
To live comfortably in Manhattan (zip 60442), Illinois, a minimum annual income of
$61,920 for a family, and
$51,200 for a single person is recommended.
What does A.I. say about Manhattan?
The cost of living in 60442 Manhattan, IL is higher than the national average, but is still considered affordable. The median home price in the area is $184,000, with a median rent of $1,231 per month. The cost of food, transportation, and healthcare are all slightly above the national average as well. Though there are some expensive amenities available in the area (such as high-end restaurants), overall it remains an affordable place to live for those who want to be close to the city. The property tax rate is also on par with the state average. In conclusion, 60442 Manhattan, IL offers a good balance between affordability and convenience when compared to other areas in Illinois and beyond.