Housing costs in Northbrook?
A typical home costs
$565,000, which is 67.1% more expensive than the national average of
$338,100 and 133.8% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Northbrook costs
$1,830 per month, which is 28.0% more than the national average of
$1,430 and 31.1% more than the state average of
$1,260.
Can I afford Northbrook?
To live comfortably in Northbrook (zip 60062), Illinois, a minimum annual income of
$108,360 for a family, and
$63,600 for a single person is recommended.
What does A.I. say about Northbrook?
The cost of living in 60062 Northbrook, IL is higher than the national average. The median home price in the area is around $417,500, which is substantially higher than the median home price of $184,700 for the entire United States. Additionally, monthly rent prices are also relatively expensive in Northbrook with a median rent of about $1,738 compared to the national average of $949. Utility costs are also higher than other areas with an average monthly utilities bill for a 900 square foot apartment costing about $140 per month. Nonetheless, this suburb of Chicago has plenty to offer with its high-end shopping centers and close vicinity to the city itself.