Cost of Living in Smithboro, IL
Housing
The housing market plays a significant role in determining the cost of living in Smithboro, IL.
- Housing Index: 101.8 / 100
- Median Home Price is: Data is updating
- Average Rent (2 BR Apartment): $1707 per month
- Average Rent (2 BR House): $1855 per month
The data for Smithboro, IL indicates an extremely low housing index with a median home price of 0. Additionally, there's no recorded average rent for a two-bedroom apartment or house, suggesting a very exclusive or undeveloped market. When considering a move here, it’s crucial to compare with nearby areas for price trends and availability. Such unusual data could signify opportunities for investment or a potential situation where housing options are limited. Researching local infrastructure and amenities will also help you make an informed decision before relocating.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Smithboro, 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 Smithboro, 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 Smithboro is a financially viable option for your relocation.