Cost of Living in Weldon, IL
Housing
The housing market plays a significant role in determining the cost of living in Weldon, IL.
- Housing Index: 101.8 / 100
- Median Home Price is: $131,000
- Average Rent (2 BR Apartment): $1707 per month
- Average Rent (2 BR House): $1855 per month
Considering a move to Weldon, IL? The housing market appears promising, with a median home price of 131000, favorable compared to national averages. However, the housing index currently stands at 101.8, suggesting that housing availability may be limited or pricing structures unclear, hence making renting less applicable, as average rents for both 2BR apartments and houses are currently at 1707 and 1855 respectively. This presents a viable entry point for home buyers, especially for those seeking more affordability in comparison to higher metropolitan areas. Do thorough research before making any decisions!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Weldon, 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 Weldon, 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 Weldon is a financially viable option for your relocation.