Cost of Living in Yorkville, IL
Housing
The housing market plays a significant role in determining the cost of living in Yorkville, IL.
- Housing Index: 101.8 / 100
- Median Home Price is: $342,000
- Average Rent (2 BR Apartment): $2038 per month
- Average Rent (2 BR House): $2215 per month
Considering a move to Yorkville, IL? The housing index stands at 101.8, indicating affordability relative to national averages. With a median home price of 342000, purchasing a home may be a viable option for many residents. However, if renting is preferred, the average rent for a 2-bedroom apartment is approximately 2038, while a 2-bedroom house averages 2215. While homeownership offers investment potential, renting could provide desirable flexibility. Make sure to evaluate local amenities and lifestyle preferences before making a decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Yorkville, 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 Yorkville, 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 Yorkville is a financially viable option for your relocation.