Housing costs in Gurnee?
A typical home costs
$296,400, which is 12.3% less expensive than the national average of
$338,100 and 22.6% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Gurnee costs
$1,540 per month, which is 7.7% more than the national average of
$1,430 and 18.2% more than the state average of
$1,260.
Can I afford Gurnee?
To live comfortably in Gurnee, Illinois, a minimum annual income of
$56,880 for a family, and
$53,600 for a single person is recommended.
What does A.I. say about Gurnee?
The cost of living in Gurnee, IL is relatively high compared to the national average. Despite being located in the Midwest, housing costs are above the national median. The median home value is $249,000 and monthly rent averages around $1,400 although it can be higher depending on size and location. Besides expenses for housing, groceries are also more expensive than average with a score of 97.5 according to BestPlaces. Those looking to dine out will find that restaurant prices are slightly above the national average as well. In addition, transportation costs such as gas and car insurance tend to be higher than other areas of the country due to the area's proximity to Chicago's traffic congestion.