Cost of Living in Okawville, IL
Housing
The housing market plays a significant role in determining the cost of living in Okawville, 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
Considering the data for Okawville, IL, the current housing index of 0.0 reflects a potential market that may be driven by affordable home buying opportunities, particularly as the median home price stands at 184000. However, the absence of average rental rates for both 2-bedroom apartments and houses suggests a limited rental market, which can impact market desirability. If you're contemplating a move, it's essential to examine the broader economic conditions in Okawville – including job opportunities and amenities – as they will likely influence housing demand and long-term growth opportunities.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Okawville, 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 Okawville, 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 Okawville is a financially viable option for your relocation.