Cost of Living in Shipman, IL
Housing
The housing market plays a significant role in determining the cost of living in Shipman, IL.
- Housing Index: Data is updating
- Median Home Price is: $120,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Shipman, IL? The current housing index indicates that the market might be experiencing some challenges, with a median home price of 120000, reflecting excellent affordability relative to many urban areas. However, the absence of data on average rent prices (both for a 2BR apartment and house) can indicate a lack of available rental properties or market instability. It's crucial to discuss opportunities with local real estate experts, as their insider knowledge can guide you best amidst fluctuating conditions. Invest wisely in your future residence!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Shipman, 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 Shipman, 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 Shipman is a financially viable option for your relocation.