Cost of Living in Greenville, IL
Housing
The housing market plays a significant role in determining the cost of living in Greenville, IL.
- Housing Index: 90.0 / 100
- Median Home Price is: $184,900
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1360 per month
When considering a move to Greenville, IL, the housing data presents an appealing picture. The housing index of 90.0 suggests a relatively affordable market compared to national averages. With a median home price of 184900, purchasing a home here could be a sound investment, especially in a lower-cost market. Additionally, the average rent for a 2-bedroom apartment is 1200 and for a house 1360, making it feasible for renters as well. Ultimately, Greenville offers both affordability and potential for appreciation, appealing to both buyers and renters alike.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Greenville, 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.): $180 per month
Living in Greenville, 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 $180 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 Greenville is a financially viable option for your relocation.