Housing costs in Prospect Heights?
A typical home costs
$294,900, which is 12.8% less expensive than the national average of
$338,100 and 22.0% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Prospect Heights costs
$1,330 per month, which is 7.0% cheaper than the national average of
$1,430 and 5.3% more than the state average of
$1,260.
Can I afford Prospect Heights?
To live comfortably in Prospect Heights (zip 60070), Illinois, a minimum annual income of
$56,520 for a family, and
$46,400 for a single person is recommended.
What does A.I. say about Prospect Heights?
The cost of living in Prospect Heights, IL 60070 is quite reasonable. The median household income for the area is over $76,000 and the median home value is just under $250,000. This makes the area very affordable for those looking to purchase a home. Renting is also an option, as there are plenty of apartments and condos available in the area at competitive rates. Groceries, utilities, and other essentials are relatively low compared to other suburban areas across Illinois. With its close proximity to downtown Chicago and excellent public transportation options, Prospect Heights offers an ideal balance of affordability along with easy access to top entertainment venues and attractions.