Cost of Living in Gifford, IL

Housing

The housing market plays a significant role in determining the cost of living in Gifford, IL.

  • Housing Index: Data is updating
  • Median Home Price is: $215,000
  • Average Rent (2 BR Apartment): Data is updating
  • Average Rent (2 BR House): Data is updating

Considering a move to Gifford, IL? The area's median home price of 215000 suggests housing is quite affordable compared to national averages. However, with a housing index of 0.0, it seems there might be limited rental options, as both the average rent for a 2-bedroom apartment and house are reported as 0.0 and 0.0 respectively. This low rental market may indicate a preference for home buying over renting. Be sure to explore local amenities and job opportunities which could enhance your decision about relocating.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Gifford, 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 Gifford, 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 Gifford is a financially viable option for your relocation.