Housing costs in Vernon Hills?
A typical home costs
$367,300, which is 8.6% more expensive than the national average of
$338,100 and 52.0% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Vernon Hills costs
$1,940 per month, which is 54.0% more than the national average of
$1,260 and 27.8% more than the state average of
$1,400.
Can I afford Vernon Hills?
To live comfortably in Vernon Hills (zip 60061), Illinois, a minimum annual income of
$70,200 for a family, and
$67,600 for a single person is recommended.
What does A.I. say about Vernon Hills?
The cost of living in 60061 Vernon Hills, IL is quite high compared to other areas. The median home value in the area is approximately $348,000 and the median household income is around $94,905. This puts the cost of living at roughly 25% higher than that of the national average. Despite this, there are many benefits to living in 60061 Vernon Hills including excellent schools, plenty of restaurants and shopping options, and a safe community with low crime rates. All of these factors combined make 60061 Vernon Hills a great place to live despite the high cost of living.