Cost of Living in Marengo, IL
Housing
The housing market plays a significant role in determining the cost of living in Marengo, IL.
- Housing Index: Data is updating
- Median Home Price is: $205000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Marengo, IL? The housing index is currently at 0.0, indicating a potentially flat or uncertain housing market. With a median home price of 205000, it's an attractive option for homebuyers. However, rental options require further research since both the average rent for a 2-bedroom apartment and 2-bedroom house are currently listed as zero. This could signal limited availability or potential gaps in data. Investigate local rental trends closely before making a decision as these figures play a crucial role in overall affordability.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Marengo, 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 Marengo, 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 Marengo is a financially viable option for your relocation.