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Cost of Living in ZIP 61376

Is it better to rent or buy in ZIP 61376? 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.

$70,213
$868/mo

Median in area: $868

$142,733

Median in area: $142,733

$28,547

If you Rent

🔑
$1,163 /mo
Base Rent$868
Est. Utilities$295
% of Income19.9%
Pre-tax Residual$4,688

If you Buy

🏠
$1,345 /mo
P&I (6.994%)$759
Taxes & Ins$291
Est. Utilities$295
% of Income23.0%
Pre-tax Residual$4,506

Cost of Living FAQs

Is it cheaper to rent or buy in ZIP 61376?›

Based on median housing data, renting is currently more affordable on a monthly basis in ZIP 61376. The estimated all-in monthly cost for renting is $1,163, while owning a median-priced home with a 20% down payment is roughly $1,345 per month (a difference of $182).

How much do utilities cost in ZIP 61376?›

The average monthly utility cost (electricity and natural gas) for a typical home in ZIP 61376 is approximately $295. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in ZIP 61376?›

To comfortably afford the median rent and utilities in ZIP 61376 without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $46,520 per year.