Cost of Living in South holland, IL
Housing
The housing market plays a significant role in determining the cost of living in South holland, IL.
- Housing Index: 90.0 / 100
- Median Home Price is: $209,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1240 per month
When evaluating the housing market in South holland, IL, the housing index of 90.0 indicates it is a relatively affordable area compared to the national average. With a median home price of 209000 and an average rent of 1200 for a 2-bedroom apartment and 1240 for a 2-bedroom house, residents have various options. Considering market trends, long-term investment potential and a steady increase in job opportunities can further influence your decision. It's important to balance your budget against community amenities and lifestyle when contemplating a move.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in South holland, 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 South holland, 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 South holland is a financially viable option for your relocation.