Cost of Living in Taylorville, IL

Housing

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

• Housing Index: 0.0 / 100
• Median Home Price is: $0
• Average Rent (2 BR Apartment): $0.0 per month
• Average Rent (2 BR House): $0.0 per month

In considering a move to Taylorville, IL, it’s crucial to examine the housing market. Currently, the housing index is at 0.0, indicating potential challenges in availability and affordability. The median home price stands at 0, suggesting that investing in property could be considerable but may not reflect current market trends if it remains static. Additionally, with both the average rent for a 2-bedroom apartment at 0.0 and for a 2-bedroom house at 0.0, it’s advisable to weigh long-term costs against lifestyle needs in your decision-making process.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Taylorville, 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.): $0.0 per month

Living in Taylorville, 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 0.0 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: 0.0

Median Income

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

• Median Income: $49471

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.

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Summary

When considering a move to Taylorville, 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.