Cost of Living in Toulon, IL
Housing
The housing market plays a significant role in determining the cost of living in Toulon, IL.
- Housing Index: 90.0 / 100
- Median Home Price is: $130,000
- Average Rent (2 BR Apartment): $960 per month
- Average Rent (2 BR House): $1024 per month
When considering a move to Toulon, IL, it's important to note the housing index of 90.0 indicates that it may be an affordable option compared to the national average. With a median home price of 130000 and average rents for a 2-bedroom apartment at 960 and house at 1024, this area offers appealing housing opportunities. Additionally, a cost-effective housing market can lead to favorable living conditions and economic growth. Be sure to assess local job opportunities and community amenities to gain a complete picture of life in Toulon.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Toulon, 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 Toulon, 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 Toulon is a financially viable option for your relocation.