Similar to the surrounding areas, it's somewhat less expensive compared to the US as a whole. However compared to the city of Chicago, it's substantially less expensive.
Home prices
Carbon Hill's median home price is $156,000. Compared to other places in this area it is approximately $3,440 (2%) lower.Compared to the nation as a whole it is about $61,500 (28%) lower, and is about $102,000 (39%) lower in comparison to the city of Chicago.
Rents
Carbon Hill's median rent is $1,188 a month. Compared to other places in this area it is about $148 (14%) higher.In comparison to the country as a whole it is approximately $126 (11%) higher, and it is roughly $76 (6%) higher compared to the city of Chicago.
Nearby places
Coal City
Coal City is roughly 1 mile southeast of Carbon Hill. Real estate prices there are a little more expensive. The price of the median home in Coal City is $197,100, which comes out to $41,100 (20%) higher than Carbon Hill. Its rents are a bit less expensive. Coal City's median rent is $1,006 a month, which works out to $182 (18%) lower than Carbon Hill.
Diamond
Diamond is roughly 2 miles east from Carbon Hill. Real estate prices there are a bit more expensive. Diamond's median home cost is $194,600, which works out to $38,600 (19%) higher than Carbon Hill. Its rents are a little less expensive. The median monthly rent in Diamond is $1,076, which works out to $112 (10%) lower than Carbon Hill.
Braidwood
Braidwood is approximately 3 miles southeast from Carbon Hill. The housing prices there are similar. The median home in Braidwood is valued at $162,400, which works out to $6,400 (3%) higher than Carbon Hill. The rent there is somewhat less expensive. The median rent in Braidwood is $979 per month, which is $209 (21%) lower than Carbon Hill.
Godley
Godley is roughly 4 miles southeast from Carbon Hill. Housing prices there are a lot less expensive. The median home in Godley costs $107,100, which works out to $48,900 (45%) lower than Carbon Hill. Rents there are a bit less expensive. Godley's median rent is $914 a month, which comes out to $274 (29%) lower than Carbon Hill.
Braceville
Braceville is approximately 5 miles southeast from Carbon Hill. The real estate prices there are a little less expensive. The median home in Braceville is valued at $136,000, which comes out to $20,000 (14%) lower than Carbon Hill. Its rents are fairly similar. In Braceville the median monthly rent is $1,226, which is $38 (3%) higher than Carbon Hill.
