The housing market plays a significant role in determining the cost of living in Lawrenceville, IL.
Based on the provided data, Lawrenceville, IL presents an attractive opportunity for potential homebuyers with a notably low median home price of 104000. However, a housing index of 0.0 and zero reported average rent for a 2BR apartment and house indicates a lack of recent rental activity, which could suggest either a declining market or insufficient data. It's crucial to further investigate local amenities, job opportunities, and the overall real estate climate to make a well-rounded decision on whether moving to Lawrenceville is the right choice for you.
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Lawrenceville, IL.
Living in Lawrenceville, 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 0.0 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.
The cost of living index is a widely used metric to determine the relative affordability of cities and towns.
The median income is an important factor to consider when evaluating the affordability of a city or town.
Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.
When considering a move to Lawrenceville, IL, consider the following factors: