Cost of Living in Galena, IL
Housing
The housing market plays a significant role in determining the cost of living in Galena, IL.
- Housing Index: 90.0 / 100
- Median Home Price is: $275,000
- Average Rent (2 BR Apartment): $1600 per month
- Average Rent (2 BR House): $1360 per month
In Galena, IL, the housing market reflects a housing index of 90.0, indicating affordability compared to national averages. With a median home price of 275000, the opportunity to invest in property remains accessible. The average rent for a 2-bedroom apartment is 1600, while a 2-bedroom house averages 1360. Consideration of these costs, alongside local job opportunities and quality of life, can help you determine if moving to Galena is the right decision for you and your family. Stay informed, as housing trends can shift rapidly!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Galena, 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 Galena, 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 Galena is a financially viable option for your relocation.