Cost of Living in Fairview heights, IL

Housing

The housing market plays a significant role in determining the cost of living in Fairview heights, IL.

• Housing Index: 88.0 / 100
• Median Home Price is: $210000
• Average Rent (2 BR Apartment): $1050 per month
• Average Rent (2 BR House): $1100 per month

When considering a move to Fairview heights, IL, the housing index of 88.0 indicates a favorable market, especially for buyers. With a median home price of 210000, homes are relatively affordable compared to national averages. Monthly rentals are quite reasonable too, with the average rent for a 2-bedroom apartment at 1050 and a house at 1100. This balance makes it attractive for families and young professionals. Remember to explore local amenities and job market trends, which can further enrich your living experience in this area.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Fairview heights, 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 Fairview heights, 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 95.3

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $74038

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Fairview heights, IL, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.