Cost of Living in Poplar grove, IL
Housing
The housing market plays a significant role in determining the cost of living in Poplar grove, IL.
- Housing Index: 101.8 / 100
- Median Home Price is: $250,000
- Average Rent (2 BR Apartment): $1707 per month
- Average Rent (2 BR House): $1855 per month
Considering a move to Poplar grove, IL? The housing index currently stands at 101.8, signaling a distinct opportunity in the current real estate market. The median home price is approximately 250000, which could represent an ideal investment for first-time buyers or those seeking affordability. Meanwhile, there has been a noticeable lack of rental data, with average rents for both 2-bedroom apartments and houses reported at zero. This could indicate a low rental market, suggesting buyers may find better value in home ownership. Weigh these factors carefully 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 Poplar grove, 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 Poplar grove, 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 Poplar grove is a financially viable option for your relocation.