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by tptacek 3 days ago
The median price of a house in Oak Park, Illinois --- the inner-ring suburb of Chicago in which I live --- is $700,000. This is an M-COL region.
1 comments

Compared to a low cost of living region, that's a pretty high cost of living.
Also, property taxes are famously high in Illinois.
That lowers the market price of houses.
It certainly does.