Cost of Living in Taylorville, IL
Housing
The housing market plays a significant role in determining the cost of living in Taylorville, 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
In considering a move to Taylorville, IL, it’s crucial to examine the housing market. Currently, the housing index is at 101.8, indicating potential challenges in availability and affordability. The median home price stands at 0, suggesting that investing in property could be considerable but may not reflect current market trends if it remains static. Additionally, with both the average rent for a 2-bedroom apartment at 1707 and for a 2-bedroom house at 1855, it’s advisable to weigh long-term costs against lifestyle needs in your decision-making process.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Taylorville, 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 Taylorville, 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 Taylorville is a financially viable option for your relocation.