Cost of Living in Vergennes, IL
Housing
The housing market plays a significant role in determining the cost of living in Vergennes, IL.
- Housing Index: 101.8 / 100
- Median Home Price is: $120,000
- Average Rent (2 BR Apartment): $1707 per month
- Average Rent (2 BR House): $1855 per month
In analyzing the housing data for Vergennes, IL, we see a median home price of 120000, suggesting an affordable homebuying option. However, the housing index of 101.8 indicates potential room for growth in the market or challenges in property availability. The average rent for a 2-bedroom apartment or house being 1707 and 1855 respectively, is notably absent, which may mean rentals are limited or fluctuating strongly. Consider local job opportunities and amenities before making a moving decision in this evolving market atmosphere.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Vergennes, 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 Vergennes, 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 Vergennes is a financially viable option for your relocation.