Cost of Living in Granville, IL
Housing
The housing market plays a significant role in determining the cost of living in Granville, 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
When considering a move to Granville, IL, note that the housing index is reported at 101.8, indicating a potentially volatile or unclear real estate market. The median home price is listed at 0, which is essential for assessing affordability. Meanwhile, average rents for 2-bedroom apartment and house are at 1707 and 1855, respectively, pointing to rental trends that are difficult to gauge due to the zero values. Researching additional factors such as local amenities and employment opportunities in Granville will further aid in your decision-making process.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Granville, 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 Granville, 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 Granville is a financially viable option for your relocation.