Similar to nearby areas, it is a lot less expensive compared to the US as a whole. Compared to the city of Chicago, it's significantly less expensive.
Home prices
The cost of the median home in Chalmers is $89,800. Compared to its nearby areas this is about $2,400 (2%) lower.It is approximately $127,700 (58%) lower compared to the US as a whole, and compared to the city of Chicago it is about $168,200 (65%) lower.
Rents
The median rent in Chalmers is $750 a month. This is approximately $38 (5%) higher in comparison to nearby areas.In comparison to the country as a whole it is roughly $312 (29%) lower, and it is about $362 (32%) lower compared to the city of Chicago.
Nearby places
Brookston
Brookston is approximately 4 miles south from Chalmers. Its housing prices are somewhat more expensive. The median home in Brookston is valued at $95,400, which is $5,600 (5%) higher than Chalmers. The rent there is similar. Brookston's median rent is $761 a month, which comes out to $11 (1%) higher than Chalmers.
Reynolds
Reynolds is approximately 5 miles north of Chalmers. The housing prices there are fairly similar. The median home in Reynolds is valued at $88,700, which is $1,100 (1%) lower than Chalmers. The rent there is a little less expensive. In Reynolds the median rent is $714 per month, which works out to $36 (5%) lower than Chalmers.
Yeoman
Yeoman is approximately 6 miles east of Chalmers. Housing prices there are fairly similar. The median home in Yeoman costs $87,500, which is $2,300 (2%) lower than Chalmers. Rents there are pretty similar. Yeoman's median monthly rent is $717, which comes out to $33 (4%) lower than Chalmers.
Monticello
Monticello is approximately 7 miles northeast from Chalmers. Its real estate prices are a little more expensive. The median home in Monticello costs $95,900, which comes out to $6,100 (6%) higher than Chalmers. Rents there are somewhat less expensive. Monticello's median rent is $671 a month, which is $79 (11%) lower than Chalmers.
Wolcott
Wolcott is roughly 10 miles northwest from Chalmers. The real estate prices there are fairly similar. Wolcott's median home cost is $93,500, which comes out to $3,700 (3%) higher than Chalmers. Rents there are a bit less expensive. Wolcott's median rent is $699 a month, which comes out to $51 (7%) lower than Chalmers.
