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Cost of Living in ZIP 60146

Is it better to rent or buy in ZIP 60146? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$95,062
$1,045/mo

Median in area: $1,045

$252,549

Median in area: $252,549

$50,510

If you Rent

🔑
$1,313 /mo
Base Rent$1,045
Est. Utilities$268
% of Income16.6%
Pre-tax Residual$6,609

If you Buy

🏠
$2,170 /mo
P&I (7.05%)$1,351
Taxes & Ins$551
Est. Utilities$268
% of Income27.4%
Pre-tax Residual$5,752

Cost of Living FAQs

Is it cheaper to rent or buy in ZIP 60146?›

Based on median housing data, renting is currently more affordable on a monthly basis in ZIP 60146. The estimated all-in monthly cost for renting is $1,313, while owning a median-priced home with a 20% down payment is roughly $2,170 per month (a difference of $857).

How much do utilities cost in ZIP 60146?›

The average monthly utility cost (electricity and natural gas) for a typical home in ZIP 60146 is approximately $268. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in ZIP 60146?›

To comfortably afford the median rent and utilities in ZIP 60146 without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $52,520 per year.