Cost of Living in Bradley, IL
Housing
The housing market plays a significant role in determining the cost of living in Bradley, IL.
- Housing Index: 101.8 / 100
- Median Home Price is: $200,000
- Average Rent (2 BR Apartment): $1707 per month
- Average Rent (2 BR House): $1855 per month
When considering a move to Bradley, IL, the current housing index stands at 101.8, indicating a moderately competitive market. The median home price is approximately 200000, making homeownership relatively attainable. Renting options are available, with an average price of 1707 for a 2-bedroom apartment and 1855 for a 2-bedroom house. It's worth noting that the cost of living in this area may be affected by local amenities and schools. Overall, this city offers a balanced housing market, ideal for those looking to buy or rent.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Bradley, IL.
- Electricity Price: $16.15 USD (median by state)
- Natural Gas Price: $16.59 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $244 per month
Living in Bradley, IL could entail higher utility costs. Electricity costs sit at $16.15, while natural gas is priced at $16.59 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $244 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bradley is a financially viable option for your relocation.