Cost of Living in Woodstock, IL
Housing
The housing market plays a significant role in determining the cost of living in Woodstock, IL.
- Housing Index: 85.0 / 100
- Median Home Price is: $265,000
- Average Rent (2 BR Apartment): $1444 per month
- Average Rent (2 BR House): $1569 per month
When considering a move to Woodstock, IL, the housing index of 85.0 suggests it’s more affordable than the national average. With a median home price of 265000, the market appears accessible for home buyers, while the average rent for a 2-bedroom apartment and house at 1444 and 1569, respectively, aligns with mid-range rental costs in many urban areas. Investing now could be favorable, especially as market trends indicate potential future appreciation. Evaluate your financial readiness to transition into this promising community within Woodstock.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Woodstock, 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.): $250 per month
Living in Woodstock, 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 $250 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 Woodstock is a financially viable option for your relocation.