Cost of Living in Lawrenceville, IL
Housing
The housing market plays a significant role in determining the cost of living in Lawrenceville, IL.
- Housing Index: 101.8 / 100
- Median Home Price is: $104,000
- Average Rent (2 BR Apartment): $1707 per month
- Average Rent (2 BR House): $1855 per month
Based on the provided data, Lawrenceville, IL presents an attractive opportunity for potential homebuyers with a notably low median home price of 104000. However, a housing index of 101.8 and zero reported average rent for a 2BR apartment and house indicates a lack of recent rental activity, which could suggest either a declining market or insufficient data. It's crucial to further investigate local amenities, job opportunities, and the overall real estate climate to make a well-rounded decision on whether moving to Lawrenceville is the right choice for you.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Lawrenceville, 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 Lawrenceville, 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 Lawrenceville is a financially viable option for your relocation.