Cost of Living in Prophetstown, IL
Housing
The housing market plays a significant role in determining the cost of living in Prophetstown, IL.
- Housing Index: 101.8 / 100
- Median Home Price is: $180,000
- Average Rent (2 BR Apartment): $1707 per month
- Average Rent (2 BR House): $1855 per month
If you're considering a move to Prophetstown, IL, the housing situation shows it's an appealing option with a median home price of 180000. However, the housing index, alongside both average rents for 2-bedroom apartments and houses being at zero, suggests limited available data, which may indicate a lesser demand for rentals or an unbalanced real estate market. It's crucial to further explore local amenities and job prospects since they greatly influence housing demand. Overall, with the current home price, it may be beneficial to invest in property here.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Prophetstown, 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 Prophetstown, 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 Prophetstown is a financially viable option for your relocation.