Cost of Living in Aurora, IL
Housing
The housing market plays a significant role in determining the cost of living in Aurora, IL.
- Housing Index: 95.0 / 100
- Median Home Price is: $300,000
- Average Rent (2 BR Apartment): $1300 per month
- Average Rent (2 BR House): $1360 per month
Considering a move to Aurora, IL? With a housing index of 95.0, it's slightly below the national average, indicating potentially more affordable living options. The median home price stands at 300000, making homeownership attainable for many. Renting could be an option as well, with the average rent for a 2-bedroom apartment at 1300 and a house at 1360. This balance between rental and purchase prices may attract diverse demographics, from young professionals to families seeking competitive housing opportunities in the area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Aurora, 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.): $250 per month
Living in Aurora, 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 $250 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 Aurora is a financially viable option for your relocation.