Cost of Living in Mattoon, IL
Housing
The housing market plays a significant role in determining the cost of living in Mattoon, IL.
- Housing Index: 101.8 / 100
- Median Home Price is: $111,000
- Average Rent (2 BR Apartment): $1707 per month
- Average Rent (2 BR House): $1855 per month
When considering moving to Mattoon, IL, the housing market appears to be quite accessible with a housing index of 101.8. The median home price of 111000 is below the national average, making homeownership more attainable. Additionally, average rent for a 2-bedroom apartment is relatively affordable at 1707, while renting a 2-bedroom house costs slightly more at 1855. Overall, Mattoon presents a viable option for those looking for budget-friendly living without sacrificing quality of life. Keep in mind other factors like employment opportunities and community amenities before making your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Mattoon, 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 Mattoon, 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 Mattoon is a financially viable option for your relocation.