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Cost of Living in Hazel Crest School District 152-5

Is it better to rent or buy in Hazel Crest School District 152-5? 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.

$58,682
$1,433/mo

Median in area: $1,433

$141,042

Median in area: $141,042

$28,208

If you Rent

🔑
$1,732 /mo
Base Rent$1,433
Est. Utilities$299
% of Income35.4%
Pre-tax Residual$3,158

If you Buy

🏠
$1,359 /mo
P&I (6.954%)$747
Taxes & Ins$313
Est. Utilities$299
% of Income27.8%
Pre-tax Residual$3,531

Cost of Living FAQs

Is it cheaper to rent or buy in Hazel Crest School District 152-5?›

Based on median housing data, buying is currently more affordable on a monthly basis in Hazel Crest School District 152-5. The estimated all-in monthly cost for renting is $1,732, while owning a median-priced home with a 20% down payment is roughly $1,359 per month (a difference of $373).

How much do utilities cost in Hazel Crest School District 152-5?›

The average monthly utility cost (electricity and natural gas) for a typical home in Hazel Crest School District 152-5 is approximately $299. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Hazel Crest School District 152-5?›

To comfortably afford the median rent and utilities in Hazel Crest School District 152-5 without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $69,280 per year.