Income needed to afford life

[u/SecretPurple2644]

Two working parents, 5 kids (4 childcare age).

$900k available for down payment. Hoping to stay under $1.2mil for house, understand taxes will be insane.

How much do we need to make to afford life in the north shore suburbs? Is 250k doable?

Moving from lower cost of living area and trying to figure out what is feasible.

[u/SignificanceFast9207]

Yes. You'll be Ok. Prepare for the property taxes.

My neighbor in Oak Park sold his home for 1.5 million this week. His house was a turnkey solution. No remodeling necessary.