Cost of Living in River forest, IL
Housing
The housing market plays a significant role in determining the cost of living in River forest, IL.
- Housing Index: Data is updating
- Median Home Price is: $470,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to River forest, IL, the current housing situation presents both opportunities and challenges. The housing index stands at 0.0, indicating a potentially competitive market. With a median home price of 470000, affordability could be a concern depending on your budget. While average rents are currently untapped, you should consider the lack of information on renting trends, which could signify a shortage of rental properties or an unstable rental market. Be sure to explore local amenities, schools, and job opportunities to make a well-rounded decision in this evolving location.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in River forest, 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 River forest, 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 River forest is a financially viable option for your relocation.