Cost of Living in Downs, IL
Housing
The housing market plays a significant role in determining the cost of living in Downs, IL.
- Housing Index: Data is updating
- Median Home Price is: $200,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering the data for Downs, IL, the housing index stands unusually at 0.0, indicating a potential lack of housing activity. The median home price is relatively reasonable at 200000, yet the absence of rental values indicates another facet of the local market remains undeveloped or unreported. Generally, areas with low home prices may also have higher competition among buyers or lower demand, which can affect long-term investment. It may be wise to explore neighborhood demographics and local amenities further to assess lifestyle factors alongside housing affordability.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Downs, 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 Downs, 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 Downs is a financially viable option for your relocation.