Cost of Living in North chicago, IL
Housing
The housing market plays a significant role in determining the cost of living in North chicago, IL.
- Housing Index: 90.0 / 100
- Median Home Price is: $204,000
- Average Rent (2 BR Apartment): $1546 per month
- Average Rent (2 BR House): $1680 per month
Considering a move to North chicago, IL? The housing index stands at 90.0, indicating a moderately affordable market. With a median home price of 204000, it presents an enticing opportunity for home buyers. Renting isn’t far behind, as the average rent for a 2-bedroom apartment is 1546, while a 2-bedroom house averages around 1680. In addition to housing, consider local amenities and quality of life. These factors will play a crucial role in making your move to North chicago a fulfilling experience.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in North chicago, 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.): $250 per month
Living in North chicago, 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 $250 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 North chicago is a financially viable option for your relocation.