Housing costs in Richton Park?
A typical home costs
$202,400, which is 40.1% less expensive than the national average of
$338,100 and 16.3% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Richton Park costs
$1,400 per month, which is 2.1% cheaper than the national average of
$1,430 and 10.0% more than the state average of
$1,260.
Can I afford Richton Park?
To live comfortably in Richton Park (zip 60471), Illinois, a minimum annual income of
$38,880 for a family, and
$48,800 for a single person is recommended.
What does A.I. say about Richton Park?
The cost of living in 60471 Richton Park, IL is quite reasonable. The median home price is around $135,500, well below the national median of $219,700, and lower than the state average of $201,400. Renters pay an average of $1,008 per month for a one bedroom apartment in nearby neighborhoods. The area also has a low unemployment rate and moderate taxes that make it an attractive place to call home. Additionally, residents benefit from access to quality healthcare and excellent educational opportunities. All in all, living in Richton Park offers a great balance between affordability and quality of life.