Cost of Living in Oswego, IL

Housing

The housing market plays a significant role in determining the cost of living in Oswego, IL.

• Housing Index: 108.0 / 100
• Median Home Price is: $335000
• Average Rent (2 BR Apartment): $1800 per month
• Average Rent (2 BR House): $1814 per month

When considering a move to Oswego, IL, it's important to note the population of , reflecting a close-knit community. The median age of indicates a relatively mature demographic, which may appeal to families and professionals seeking stability. With a median income of , residents enjoy a comfortable lifestyle, yet the poverty level at suggests there are still individuals facing hardship. The unemployment rate of could be a concern for job seekers. A striking 44% of households consist of married families, indicating a family-friendly environment that may enhance community ties and support systems.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Oswego, 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.): $280 per month

Living in Oswego, 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 280 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 110.3

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $112109

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Oswego, IL, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.