Cost of Living in Monroe center, IL
Housing
The housing market plays a significant role in determining the cost of living in Monroe center, IL.
- Housing Index: Data is updating
- Median Home Price is: $184,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Based on the provided data, Monroe center in IL shows promising potential for homebuyers, with a median home price of 184000. However, the housing index and rental prices for both 2-bedroom apartments and houses are currently at zero, which may indicate a limited supply or data collection issues. This suggests that it might be an opportune time to buy, as low market activity can sometimes lead to favorable prices in the long run. Researching local market trends can provide further insights and aid your decision-making.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Monroe center, 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 Monroe center, 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 Monroe center is a financially viable option for your relocation.