Cost of Living in Durand, IL
Housing
The housing market plays a significant role in determining the cost of living in Durand, IL.
- Housing Index: Data is updating
- Median Home Price is: $98800
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Durand, IL? The current housing index stands at an unexpected zero, suggesting potential challenges in rental availability and affordability. The median home price is quite low at 98800, indicating a possibly overlooked real estate market ripe for investment. However, with both average rental rates for a 2BR apartment and house not reported, prospective renters and buyers could face uncertainty in finding suitable accommodations. Prospective residents should weigh these factors carefully, exploring the local economy and amenities to align with their lifestyle and financial goals.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Durand, 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 Durand, 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 Durand is a financially viable option for your relocation.