Cost of Living in Palos park, IL
Housing
The housing market plays a significant role in determining the cost of living in Palos park, IL.
- Housing Index: Data is updating
- Median Home Price is: $350,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Based on the data for Palos park, IL, there appears to be no active rental market indicated by a housing index of 0.0, an average rent for a 2BR apartment at 0.0, and for a 2BR house at 0.0. The median home price stands at 350000, suggesting a potentially buyer-friendly market. Additionally, prospective residents should consider factors such as local amenities, schools, and job opportunities when evaluating their decision to move. It may be wise to investigate these parameters further to determine if Palos park aligns with your lifestyle and financial expectations.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Palos 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.): Data is updating
Living in Palos 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 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 Palos park is a financially viable option for your relocation.