Cost of Living in Plymouth, IL
Housing
The housing market plays a significant role in determining the cost of living in Plymouth, IL.
- Housing Index: 101.8 / 100
- Median Home Price is: $125,000
- Average Rent (2 BR Apartment): $1707 per month
- Average Rent (2 BR House): $1855 per month
Considering the data for Plymouth, IL, there are promising indications for potential homebuyers. With a median home price of 125000, this locality offers a threshold that may attract those longing to invest without overspending. However, the housing index of 101.8 suggests undersupply, making it an intriguing market. Also, be aware that rental prices for a 2-bedroom apartment and house are both recorded as 1707 and 1855 respectively, which require further examination. This region seems to provide excellent value for prospective residents, especially amidst a fluctuating market.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Plymouth, 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 Plymouth, 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 Plymouth is a financially viable option for your relocation.