Housing costs in Chicago?
A typical home costs
$355,800, which is 5.2% more expensive than the national average of
$338,100 and 47.2% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Chicago costs
$1,670 per month, which is 32.5% more than the national average of
$1,260 and 16.2% more than the state average of
$1,400.
Can I afford Chicago?
To live comfortably in Chicago (zip 60625), Illinois, a minimum annual income of
$68,040 for a family, and
$58,400 for a single person is recommended.
What does A.I. say about Chicago?
The cost of living in 60625 Chicago, IL is high compared to the national average. The median home price for this area is nearly $400,000 and rent prices are on the rise. Groceries, transportation and utilities also come at a premium here. Despite these high costs, the area is popular with young professionals who flock to this bustling city to take advantage of its many job opportunities and cultural attractions.