Cost of Living in Heyworth, IL
Housing
The housing market plays a significant role in determining the cost of living in Heyworth, IL.
- Housing Index: Data is updating
- Median Home Price is: $188,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering the housing data for Heyworth, IL, the current housing index of 0.0 implies an affordability tier that is low. With a median home price at 188000, homeownership may be accessible, though specifics on average rent for 2-bedroom apartments and houses show no data available. As trends indicate lower housing costs can foster community growth, one must also assess the job market and lifestyle options in comparison to property financing. It is advisable to explore additional factors such as local amenities and economic projections before making a relocation decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Heyworth, 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 Heyworth, 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 Heyworth is a financially viable option for your relocation.