Cost of Living in Charleston, IL
Housing
The housing market plays a significant role in determining the cost of living in Charleston, IL.
- Housing Index: 85.0 / 100
- Median Home Price is: $165000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1280 per month
Considering a move to Charleston, IL? The housing index at 85.0 indicates a relatively budget-friendly market compared to national averages, suggesting it's a great opportunity for buyers. With a median home price of 165000, owning property here could be more accessible. Monthly rents are set at 1200 for a 2-bedroom apartment and 1280 for a home, offering variety for renters. It's also worth noting that many residents enjoy competitive living costs and local amenities that could enhance quality of life. Evaluate these factors to make an informed decision!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Charleston, 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 Charleston, 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 Charleston is a financially viable option for your relocation.