Housing costs in Tinley Park?
A typical home costs
$315,800, which is 6.6% less expensive than the national average of
$338,100 and 30.7% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Tinley Park costs
$1,380 per month, which is 9.5% more than the national average of
$1,260 and close to the state average of
$1,400.
Can I afford Tinley Park?
To live comfortably in Tinley Park (zip 60487), Illinois, a minimum annual income of
$60,480 for a family, and
$48,000 for a single person is recommended.
What does A.I. say about Tinley Park?
The cost of living in Tinley Park, IL is slightly higher than the national average. According to Best Places, a website that tracks cost of living data, Tinley Park has an overall cost of living index of 103 which is 3 points higher than the U.S average. Housing costs are the largest expense for any household and in Tinley Park, these costs are slightly lower than the national average with a score of 97. However, other expenses such as groceries are higher and have an index score of 107. The median home price in Tinley Park is $235,700 which is much higher than the median home price in the United States which is around $207,000. Despite being slightly above average, Tinley Park still offers an affordable option for those looking to live near Chicago without having to pay city prices.