Cost of Living in Herrin, IL
Housing
The housing market plays a significant role in determining the cost of living in Herrin, IL.
- Housing Index: 101.8 / 100
- Median Home Price is: $155,000
- Average Rent (2 BR Apartment): $1090 per month
- Average Rent (2 BR House): $1185 per month
When considering a move to Herrin, IL, the housing market shows promising potential with a median home price of 155000. However, the current housing index of 101.8 suggests a lack of available rental properties, as indicated by an average rent of 1090 for an apartment and 1185 for a house being listed as 0.0. This may indicate either a low inventory or possibly an ongoing change in rental dynamics. If you're looking for affordable homeownership opportunities, this could be a wise consideration. Remember to explore local amenities and employment opportunities as part of 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 Herrin, 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 Herrin, 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 Herrin is a financially viable option for your relocation.