Cost of Living in Rochelle, IL
Housing
The housing market plays a significant role in determining the cost of living in Rochelle, IL.
- Housing Index: 85.0 / 100
- Median Home Price is: $197,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1350 per month
In analyzing the housing data for Rochelle, IL, we see a housing index of 85.0, suggesting affordability compared to national averages. The median home price of 197000 coupled with average rents of 1200 for a 2-bedroom apartment and 1350 for a 2-bedroom house indicates a relatively balanced market. This can be appealing for buyers and renters alike. Additionally, evaluating local amenities, job opportunities, and community features can further enhance the decision-making process for those considering relocating to this area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Rochelle, 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 Rochelle, 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 Rochelle is a financially viable option for your relocation.