Housing costs in Midlothian?
A typical home costs
$208,700, which is 38.3% less expensive than the national average of
$338,100 and 13.7% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Midlothian costs
$1,230 per month, which is 14.0% cheaper than the national average of
$1,430 and 2.4% cheaper than the state average of
$1,260.
Can I afford Midlothian?
To live comfortably in Midlothian (zip 60445), Illinois, a minimum annual income of
$39,960 for a family, and
$42,800 for a single person is recommended.
What does A.I. say about Midlothian?
The cost of living in 60445 Midlothian, IL is generally higher than the national average. The median home cost in the area is approximately $189,100, which is 25% higher than the state average. Additionally, the median rent in the area is around $1,379 per month, which is 8% higher than the state average. Transportation costs are also relatively high with an average commute time of about 32 minutes and an average gas price of $2.26 per gallon. Other necessary expenses such as groceries and health care also tend to be slightly more expensive than other parts of the country. All in all, living in 60445 Midlothian can be quite costly for those who wish to live there but may be worth it if you are able to find a job that pays well enough to offset these expenses.