Cost of Living in Thompsonville, IL
Housing
The housing market plays a significant role in determining the cost of living in Thompsonville, 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
When considering a move to Thompsonville, IL, the housing market currently reflects a housing index of 101.8, hinting at limited activity. Both the median home price and average rents for 2-bedroom properties are showing values of 0, 1707, and 1855, which could indicate an unstable or developing market. It's essential to evaluate local amenities, job opportunities, and community growth, as these can significantly impact future property values and rental rates. Gather more insights to make an informed decision regarding your potential relocation.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Thompsonville, 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 Thompsonville, 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 Thompsonville is a financially viable option for your relocation.