Cost of Living in Wyanet, IL
Housing
The housing market plays a significant role in determining the cost of living in Wyanet, 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
Considering the data for Wyanet, IL, the housing index shows a remarkable balance with some potential for growth. With a median home price of 120000, purchasing a home could be a viable option for many. However, the absence of rental information might indicate either a tight market or opportunities for further negotiation. Keep in mind, regions with lower rental averages often attract more families, impacting the community dynamics. Balancing the cost of homeownership to expected rental environment is crucial when making your decision to move to Wyanet.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Wyanet, 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 Wyanet, 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 Wyanet is a financially viable option for your relocation.