Housing costs in Orland Park?
A typical home costs
$396,300, which is 17.2% more expensive than the national average of
$338,100 and 64.0% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Orland Park costs
$1,620 per month, which is 13.3% more than the national average of
$1,430 and 22.2% more than the state average of
$1,260.
Can I afford Orland Park?
To live comfortably in Orland Park (zip 60467), Illinois, a minimum annual income of
$75,960 for a family, and
$56,400 for a single person is recommended.
What does A.I. say about Orland Park?
The cost of living in 60467 Orland Park, IL is slightly higher than the national average. According to data from BestPlaces.net, the cost of living index in Orland Park is 107.5, which is 7.5% higher than the U.S. average of 100. The median home value for Orland Park is $271,900 which is more expensive than other cities in Illinois such as Rockford and Peoria with values of $109,000 and $114,500 respectively. Residents can find a variety of rental options ranging from studio apartments for 800 dollars per month to larger homes costing 3,000-4,000 dollars monthly with some extra luxuries thrown in here and there depending on what you are looking for. Transportation costs are also above average compared to the rest of the state with public transportation averaging around 1 dollar per ride and taxi fares starting at 4 dollars for trips within Orland Park city limits. All these factors contribute to make living in 60467 Orland Park slightly more costly than other areas within Illinois but still relatively affordable compared to larger cities across the United States.