Cost of Living in Carpentersville, IL
Housing
The housing market plays a significant role in determining the cost of living in Carpentersville, IL.
- Housing Index: 101.8 / 100
- Median Home Price is: $292,000
- Average Rent (2 BR Apartment): $1976 per month
- Average Rent (2 BR House): $2148 per month
When considering a move to Carpentersville, IL, it's essential to evaluate the local housing market. With a housing index of 101.8, it indicates a real estate market that may be slightly above the national average. The median home price of 292000 suggests a solid investment opportunity, while the average rent of 1976 for a 2-bedroom apartment and 2148 for a 2-bedroom house reflects rental market dynamics that could appeal to many. Additionally, consider local amenities and community vibe when making your choice.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Carpentersville, 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 Carpentersville, 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 Carpentersville is a financially viable option for your relocation.