Cost of Living in Orland park, IL
Housing
The housing market plays a significant role in determining the cost of living in Orland park, IL.
- Housing Index: 120.0 / 100
- Median Home Price is: $330,000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1840 per month
Considering a move to Orland park, IL? With a housing index of 120.0, the market here is relatively pricey compared to the national average. The median home price stands at 330000, indicating a strong investment opportunity. Renting can cost around 1800 for a 2-bedroom apartment or 1840 for a 2-bedroom house. This suggests a competitive rental market. Keep in mind, thriving job opportunities and quality amenities might be drawing newcomers, so weigh the overall lifestyle and affordability carefully to make an informed decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Orland park, 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.): $250 per month
Living in Orland park, 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 $250 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 Orland park is a financially viable option for your relocation.