Housing costs in New Lenox?
A typical home costs
$345,800, which is 2.3% more expensive than the national average of
$338,100 and 43.1% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in New Lenox costs
$1,480 per month, which is 3.5% more than the national average of
$1,430 and 14.9% more than the state average of
$1,260.
Can I afford New Lenox?
To live comfortably in New Lenox (zip 60451), Illinois, a minimum annual income of
$66,240 for a family, and
$51,600 for a single person is recommended.
What does A.I. say about New Lenox?
The cost of living in 60451 New Lenox, IL is generally higher than the national average. According to BestPlaces's Cost of Living Index, the overall cost of living index is 111.20 which is 11.2 percent higher than the US average. The cost of housing in particular is much more expensive here, with the index standing at 159.79 indicating a 59.79 percent difference from the US national average. Groceries also cost more here with an index of 107.48, which is 7.48 percent higher than the US national average. However, utilities are slightly cheaper with an index of 94.41 which is 5.59 percent lower than the US national average, and healthcare costs are quite reasonable at 95.49 which is 4.51 percent lower than the US national average.