Housing costs in Schaumburg?
A typical home costs
$286,000, which is 15.4% less expensive than the national average of
$338,100 and 18.3% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Schaumburg costs
$1,830 per month, which is 28.0% more than the national average of
$1,430 and 31.1% more than the state average of
$1,260.
Can I afford Schaumburg?
To live comfortably in Schaumburg (zip 60193), Illinois, a minimum annual income of
$54,720 for a family, and
$63,600 for a single person is recommended.
What does A.I. say about Schaumburg?
The cost of living in Schaumburg, IL (zip code 60193) is slightly higher than the national average. The median home value is $312,400 and the median household income is $71,340. Although rental prices tend to be on the higher side, many residents still find it affordable to live here due to the high-paying jobs available in the area. Groceries, transportation costs, and utilities are all in line with what one would expect for a city of this size. All in all, living in Schaumburg can be quite comfortable without breaking your budget if you take advantage of some of the local deals and discounts that are available.