Cost of Living in Plainfield, IL

Housing

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

• Housing Index: 120.8 / 100
• Median Home Price is: $335000
• Average Rent (2 BR Apartment): $1800 per month
• Average Rent (2 BR House): $1936 per month

Considering a move to Plainfield, IL? With a housing index of 120.8, it indicates a relatively high cost of living compared to other regions, reflecting the demand for housing. The median home price stands at 335000, not uncommon for urban settings. Renting, however, might be pushing your budget with an average rent of 1800 for an apartment and 1936 for a house. It's crucial to weigh these costs against your income and lifestyle preferences to determine if this area fits your financial goals.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Plainfield, 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 Plainfield, 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 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: 115.2

Median Income

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

• Median Income: $143064

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.

• Click here for more information

Summary

When considering a move to Plainfield, 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.