Cost of Living in Huntley, IL
Housing
The housing market plays a significant role in determining the cost of living in Huntley, IL.
- Housing Index: 115.0 / 100
- Median Home Price is: $295000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1920 per month
If you're considering a move to Huntley, IL, the current housing index of 115.0 suggests that property values are slightly above the national average. The median home price of 295000 makes homebuying relatively attainable, while average rents for a 2-bedroom apartment at 1800 and a house at 1920 indicate a competitive rental market. More broadly, the quality of life in Huntley can be influenced by factors such as job opportunities, amenities, and community, which should also be part of your decision-making process.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Huntley, 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 Huntley, 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 Huntley is a financially viable option for your relocation.