Cost of Living in Nashville, IL
Housing
The housing market plays a significant role in determining the cost of living in Nashville, IL.
- Housing Index: Data is updating
- Median Home Price is: $120000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Nashville, IL could be a financially sound decision, particularly given the low housing index of 0.0. While the median home price stands at 120000, indicating an attainable entry point for homeownership, the lack of available rental data suggests that potential tenants may explore alternative housing options. It's crucial to research neighborhood amenities, school districts, and employment opportunities in Nashville to ensure a well-rounded living experience. Keep in mind that lower home prices could indicate untapped potential for growth, making this an appealing option for investors and first-time buyers alike.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Nashville, 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 Nashville, 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 Nashville is a financially viable option for your relocation.