Cost of Living in Elburn, IL
Housing
The housing market plays a significant role in determining the cost of living in Elburn, IL.
- Housing Index: 101.8 / 100
- Median Home Price is: $282,500
- Average Rent (2 BR Apartment): $1707 per month
- Average Rent (2 BR House): $1855 per month
Considering a move to Elburn, IL? The median home price is currently set at 282500, which indicates a relatively affordable entry point for potential homeowners. However, keep in mind that the housing index being at 101.8 suggests a possible housing market decline or lack of available rental options. With average rent for a 2-bedroom apartment and house reported as 1707 and 1855 respectively, seeking alternatives might be necessary. It's advisable to explore the overall economic environment and local amenities in Elburn to make a well-rounded decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Elburn, 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 Elburn, 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 Elburn is a financially viable option for your relocation.