Cost of Living in Compton, IL
Housing
The housing market plays a significant role in determining the cost of living in Compton, IL.
- Housing Index: Data is updating
- Median Home Price is: $135,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Compton, IL? The current economic situation shows a 0.0 housing index, and the median home price stands at a competitive 135000. While rental prices for a 2-bedroom apartment and house seem currently unlisted (0.0 and 0.0), this pricing scenario may indicate a favorable market for buyers. Historically, lower housing costs attract new residents and spur local economic growth. This creates potential for future value appreciation, making it a prime location to consider.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Compton, 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 Compton, 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 Compton is a financially viable option for your relocation.