Cost of Living in Riverdale, IL
Housing
The housing market plays a significant role in determining the cost of living in Riverdale, IL.
- Housing Index: 101.8 / 100
- Median Home Price is: Data is updating
- Average Rent (2 BR Apartment): $1332 per month
- Average Rent (2 BR House): $1448 per month
Based on the current data for Riverdale, IL, we see a housing index of 101.8, which suggests low activity in the local market. With a median home price of 0 and both average rents for a 2-bedroom apartment and house at 1332 and 1448 respectively, it indicates that this area may be facing economic challenges or a lack of available housing. It's crucial to consider factors like employment opportunities and local amenities before deciding to relocate here, as these can significantly impact your living experience.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Riverdale, 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 Riverdale, 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 Riverdale is a financially viable option for your relocation.