Cost of Living in Elsah, IL
Housing
The housing market plays a significant role in determining the cost of living in Elsah, IL.
- Housing Index: 101.8 / 100
- Median Home Price is: $235,000
- Average Rent (2 BR Apartment): $1707 per month
- Average Rent (2 BR House): $1855 per month
Based on the data, the housing index in Elsah, IL appears to be at 0, indicating a potentially stagnant real estate market. With a median home price of $235000, home buying may offer a viable investment opportunity, in contrast to the rents which are currently neither specified nor competitive. Understanding local economic conditions, job growth, and availability of amenities will further shape your decision. Investigate these factors along with 1707 and 1855 to better gauge whether to rent or purchase.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Elsah, 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 Elsah, 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 Elsah is a financially viable option for your relocation.