Housing costs in Montgomery?
A typical home costs
$271,900, which is 19.6% less expensive than the national average of
$338,100 and 12.5% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Montgomery costs
$1,460 per month, which is 15.9% more than the national average of
$1,260 and 4.1% more than the state average of
$1,400.
Can I afford Montgomery?
To live comfortably in Montgomery (zip 60538), Illinois, a minimum annual income of
$52,200 for a family, and
$44,400 for a single person is recommended.
What does A.I. say about Montgomery?
60538 Montgomery, IL has an average cost of living that is slightly higher than the national average. The housing costs in particular are slightly above average, with a median home value of $217,300. Living expenses such as groceries, transportation and utilities are on par with or even slightly lower than the national averages. Although it may be more expensive to live in 60538 Montgomery, IL than other parts of the country, its proximity to Chicago and access to quality education make it an attractive choice for those looking to relocate.