Cost of Living in Wood dale, IL
Housing
The housing market plays a significant role in determining the cost of living in Wood dale, IL.
- Housing Index: 101.8 / 100
- Median Home Price is: $285,000
- Average Rent (2 BR Apartment): $1707 per month
- Average Rent (2 BR House): $1855 per month
Considering a move to Wood dale, IL? With a median home price of 285000 and a housing index of 101.8, the market appears favorable for buyers, but it’s crucial to note the one significant missing aspect – rental prices. Although both the average rent for a 2BR apartment and a 2BR house are showing as $0, this often suggests limited availability or data entry errors. Before deciding, consider the local economy and job market, as these can influence both homeownership potential and rental trends in the future.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Wood dale, 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 Wood dale, 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 Wood dale is a financially viable option for your relocation.