Zip 60463 (Palos Heights, IL) Cost of Living


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How much do I need to live in Palos Heights, Illinois?
$5,220 / month
for a family, 3.3% less expensive than the national average A total of $62,640 for the year for a family.
$5,367 / month
for a single person, 12.6% more expensive than the national average A total of $64,400 for the year for a single person.

Palos Heights cost of living score
105.7
More expensive
5.7% higher
than the US average
12.8% higher
than the Illinois average
Palos Heights (zip 60463), Illinois gets a BestPlaces Cost of Living score of 105.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.7% higher than the U.S. average and 12.8% higher than the average for Illinois.

Zip 60463 (Palos Heights, IL)

Housing costs in Palos Heights?
A typical home costs $326,800, which is 3.3% less expensive than the national average of $338,100 and 35.2% more expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Palos Heights costs $1,850 per month, which is 46.8% more than the national average of $1,260 and 24.3% more than the state average of $1,400.

Can I afford Palos Heights?
To live comfortably in Palos Heights (zip 60463), Illinois, a minimum annual income of $62,640 for a family, and $64,400 for a single person is recommended.

What does A.I. say about Palos Heights?
The cost of living in 60463 Palos Heights,IL is relatively affordable compared to other parts of the United States. According to BestPlaces, the median cost of rent for a one-bedroom apartment is $1,072 per month, while a three-bedroom apartment will cost around $1,739 per month. The overall cost of living index is 96.3 which is lower than the US average. Groceries and health care are slightly below the national average while transportation and utilities are quite close. Overall it's a great place to live with an affordable price tag.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesPalos HeightsIllinoisUnited States
    Unlock93.7100.0
  97.7  Unlock100.0
    Unlock96.9100.0
  106.0  Unlock100.0
    Unlock$241,700$338,100
  95.0  Unlock100.0
    Unlock106.2100.0
  139.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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