Cost of Living in Rock falls, IL
Housing
The housing market plays a significant role in determining the cost of living in Rock falls, IL.
- Housing Index: 101.8 / 100
- Median Home Price is: $122,500
- Average Rent (2 BR Apartment): $1707 per month
- Average Rent (2 BR House): $1855 per month
Considering a move to Rock falls, IL? The housing index of 101.8 suggests affordability compared to national averages. With a median home price of 122500, homeownership could be within reach. Furthermore, the average rent for a 2-bedroom apartment is 1707, while a 2-bedroom house averages 1855. This makes Rock falls a viable option for young families and new professionals. Remember, property values are projected to rise steadily, making this an ideal time to consider investing in real estate or securing a rental before prices increase.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Rock falls, 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 Rock falls, 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 Rock falls is a financially viable option for your relocation.