Cost of Living in Cicero, IL
Housing
The housing market plays a significant role in determining the cost of living in Cicero, IL.
- Housing Index: 85.0 / 100
- Median Home Price is: $275000
- Average Rent (2 BR Apartment): $1300 per month
- Average Rent (2 BR House): $1360 per month
When considering a move to Cicero, IL, it's essential to evaluate the realistic affordability reflected in the housing data. With a housing index of 85.0, renting a 2-bedroom apartment averages 1300 and a house at 1360, you may find suburban living more financially viable if you're seeking larger spaces. Meanwhile, the median home price of 275000 suggests a competitive market that could appreciate over time. Given these factors, weighing your housing needs against your financial capacity will be crucial in making your decision to move.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Cicero, 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.): $220 per month
Living in Cicero, 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 $220 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 Cicero is a financially viable option for your relocation.