Cost of Living in Flora, IL
Housing
The housing market plays a significant role in determining the cost of living in Flora, IL.
- Housing Index: 101.8 / 100
- Median Home Price is: Data is updating
- Average Rent (2 BR Apartment): $1707 per month
- Average Rent (2 BR House): $1855 per month
Based on the provided data for Flora, IL, the housing index of 101.8 suggests that the cost of living is below the national average. While the median home price currently stands at 0, the average rent for a 2-bedroom apartment is around 1707, and a 2-bedroom house averages 1855. This indicates that renting might be more feasible compared to purchasing a home. Additionally, considering the neighborhood's future growth potential or amenities can further influence your decision. Evaluate local employment opportunities and lifestyle preferences before making your final move.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Flora, 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 Flora, IL could entail higher utility costs. Electricity costs sit at $16.15, while natural gas is priced at $16.59 per Thousand Cubic Feet β 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 Flora is a financially viable option for your relocation.