Cost of Living in Franklin park, IL
Housing
The housing market plays a significant role in determining the cost of living in Franklin park, IL.
- Housing Index: Data is updating
- Median Home Price is: $280000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering relocating to Franklin park, IL? The current data shows a housing index of 0.0, suggesting the market conditions may lean favorably for buyers. The median home price is at 280000, which is attractive compared to larger metropolitan areas. However, the average rent for a 2-bedroom apartment and house is unusually absent, indicating potential unavailability or new market dynamics. We recommend diving deeper into community aspects and prospective living costs, as these factors can greatly influence your overall experience in Franklin park. Strong local amenities, schools, and recreation can enrich your living time tremendously.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Franklin park, 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 Franklin park, 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 Franklin park is a financially viable option for your relocation.