Cost of Living in Annawan, IL
Housing
The housing market plays a significant role in determining the cost of living in Annawan, IL.
- Housing Index: Data is updating
- Median Home Price is: $95,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Annawan, IL? With a median home price of 95000 and a housing index of 0.0, it presents an enticing opportunity for potential buyers. However, both the average rent for a 2BR apartment and house currently show zero, indicating a possible lack of rental availability or data. Investing in homeownership might be a viable option here due to low prices. Always remember, economic growth and job availability are crucial for a sound investment, so weigh these local factors carefully in your decision-making.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Annawan, 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.): Data is updating
Living in Annawan, 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 data unavailable 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 Annawan is a financially viable option for your relocation.