Cost of Living in Pana, IL
Housing
The housing market plays a significant role in determining the cost of living in Pana, IL.
- Housing Index: 75.0 / 100
- Median Home Price is: $135,000
- Average Rent (2 BR Apartment): $960 per month
- Average Rent (2 BR House): $800 per month
Considering a move to Pana, IL? With a population of and a median age of , this community offers a stable environment catering primarily to adult residents. About % of the households are married families, which fosters a family-oriented atmosphere. The median income here stands at , while poverty affects roughly % of residents. The unemployment rate is at %, indicating relatively stable job availability. Overall, if you're seeking a serene community with a balanced demographic, Pana may suit your lifestyle aspirations well.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Pana, 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.): $220 per month
Living in Pana, 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 $220 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 Pana is a financially viable option for your relocation.