Housing costs in Evanston?
A typical home costs
$424,900, which is 25.7% more expensive than the national average of
$338,100 and 75.8% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Evanston costs
$1,910 per month, which is 33.6% more than the national average of
$1,430 and 34.0% more than the state average of
$1,260.
Can I afford Evanston?
To live comfortably in Evanston, Illinois, a minimum annual income of
$81,360 for a family, and
$66,400 for a single person is recommended.
What does A.I. say about Evanston?
Evanston, Illinois has a cost of living index rating slightly higher than that if the nation at 104 due largely to its relatively high housing costs making up 44%, transportation at 11%, groceries (11%), utilities (7%) and healthcare making up 8%. Although utility costs remain relatively high due largely to expensive power sources such as coal or nuclear energy most other categories are either on par or even below average providing citizens with an overall moderate cost of living compared with almost anywhere else in America whilst having access similar amenities found citywide from whatever municipality they call home.