Cost of Living in Manteno, IL
Housing
The housing market plays a significant role in determining the cost of living in Manteno, IL.
- Housing Index: 85.0 / 100
- Median Home Price is: $220,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1300 per month
When considering a move to Manteno, IL, it's essential to evaluate the housing landscape. With a housing index of 85.0, the area appears relatively balanced, particularly for renters and buyers alike. The median home price stands at 220000, making homeownership attainable compared to many urban areas. Renters can expect to pay an average of 1200 for a two-bedroom apartment or 1300 for a house. If you desire a combination of affordability and quality of life, Manteno may prove to be a wise choice for your next home.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Manteno, 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.): $200 per month
Living in Manteno, 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 $200 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 Manteno is a financially viable option for your relocation.