Cost of Living in Urbana, IN
Housing
The housing market plays a significant role in determining the cost of living in Urbana, IN.
- Housing Index: Data is updating
- Median Home Price is: $35,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Urbana, IN? Based on the data provided, the housing index stands at a remarkably low 0.0, with a median home price of just 35000. However, without available rent data for 2-bedroom apartments or houses, it's challenging to gauge the rental market. This low median home price may indicate a potential bargain for buyers stepping into the market. Be mindful, though, of local job opportunities and amenities, as these factors greatly influence home values and living satisfaction. Ensure to conduct thorough research before making a decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Urbana, IN.
- Electricity Price: $14.89 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Urbana, IN could entail higher utility costs. Electricity costs sit at $14.89, while natural gas is priced at data unavailable 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 Urbana is a financially viable option for your relocation.