Cost of Living in Cuba, IL
Housing
The housing market plays a significant role in determining the cost of living in Cuba, IL.
- Housing Index: Data is updating
- Median Home Price is: $106500
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Cuba, IL? The current median home price is an attractive 106500, suggesting a buyer’s market. However, the housing index at 0.0 indicates possible downtrends or economic challenges. Additionally, average rent prices for 2-bedroom apartments and houses both sit at 0.0 and 0.0, suggesting limited rental availability or pricing uncertainty in the market. Weighing these factors, it may be a prudent time to purchase instead of rent, although research into local economic stability would also be advisable.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Cuba, 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.): Data is updating
Living in Cuba, 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 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 Cuba is a financially viable option for your relocation.