Housing costs in Peotone?
A typical home costs
$249,100, which is 26.3% less expensive than the national average of
$338,100 and 3.1% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Peotone costs
$1,110 per month, which is 22.4% cheaper than the national average of
$1,430 and 13.5% cheaper than the state average of
$1,260.
Can I afford Peotone?
To live comfortably in Peotone (zip 60468), Illinois, a minimum annual income of
$47,880 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about Peotone?
The cost of living in 60468 Peotone, IL is relatively inexpensive compared to other cities in the area. The overall cost of living index for Peotone is 90.3, which is lower than the US average of 100. Housing costs are especially low, with the median home cost being $173,600 and the median rent being only $945 per month. Utility costs are also low, averaging only about $150 a month on average. Groceries and health care expenses are very reasonable as well. In addition, taxes are relatively low in this area. All of these factors make 60468 Peotone an affordable place to live for families and individuals alike.