Cost of Living in Spring valley, IL
Housing
The housing market plays a significant role in determining the cost of living in Spring valley, IL.
- Housing Index: Data is updating
- Median Home Price is: $160,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering moving to Spring valley, IL? The housing market appears favorable with a median home price of 160000, making homeownership more attainable compared to many other regions. However, the current analysis shows a housing index of 0.0, which typically signifies the market stability. Flats and houses seem unusually low in rental costs, with an average rent for a 2BR apartment and house both marked at 0.0—this may reflect limited available listings. Research local housing developments actively affecting these figures to make a more informed decision before relocating.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Spring valley, 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 Spring valley, 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 Spring valley is a financially viable option for your relocation.