Housing costs in McHenry?
A typical home costs
$248,400, which is 26.5% less expensive than the national average of
$338,100 and 2.8% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in McHenry costs
$1,530 per month, which is 21.4% more than the national average of
$1,260 and 8.5% more than the state average of
$1,400.
Can I afford McHenry?
To live comfortably in McHenry (zip 60050), Illinois, a minimum annual income of
$47,520 for a family, and
$53,200 for a single person is recommended.
What does A.I. say about McHenry?
The cost of living in McHenry, IL is moderately high. The overall cost of living index is 92.4, which is slightly higher than the national average. The median home value in the area is $227,800, and housing costs have been increasing quickly over the past few years. Groceries are moderately priced at around 11% less than the national average and healthcare costs are also below average compared to other parts of the country. Other costs such as utilities, transportation, and miscellaneous expenses are generally about equal to the national average. Overall, McHenry, IL offers a relatively high quality of life for its residents at a slightly higher cost than some other parts of the country.