Cost of Living in East peoria, IL
Housing
The housing market plays a significant role in determining the cost of living in East peoria, IL.
- Housing Index: 85.0 / 100
- Median Home Price is: $215,000
- Average Rent (2 BR Apartment): $900 per month
- Average Rent (2 BR House): $930 per month
Considering moving to East peoria, IL? With a housing index of 85.0, the market shows it is reasonably affordable compared to national averages. The median home price of 215000 suggests that purchasing a home could be a wise investment. Additionally, the average rent for a 2-bedroom apartment is 900, while renting a house averages 930. Given these figures, whether you choose to rent or buy, East peoria provides options that could suit various budgets. Don't forget, local amenities and quality of life also influence your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in East peoria, 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.): $250 per month
Living in East peoria, 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 $250 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 East peoria is a financially viable option for your relocation.