Cost of Living in Arlington heights, IL

Housing

The housing market plays a significant role in determining the cost of living in Arlington heights, IL.

• Housing Index: 0.0 / 100
• Median Home Price is: $352000
• Average Rent (2 BR Apartment): $0.0 per month
• Average Rent (2 BR House): $0.0 per month

Analyzing the housing data for Arlington heights, IL, we observe a median home price of 352000, which suggests a relatively stable investment opportunity. However, the housing index, along with rents for both a two-bedroom apartment and house, being at zero indicates a lack of available market data or activity, creating uncertainty for potential movers. It's essential to also consider local amenities, job opportunities, and community lifestyle, which can influence your decision significantly. Researching these factors alongside housing costs can help ensure a well-rounded 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 Arlington heights, 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.): $0.0 per month

Living in Arlington heights, 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 0.0 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 0.0

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $113502

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Arlington heights, IL, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.