Enviroment factors

Air quality:
1.89
Average air quality index for the past year
Poor air:
55/365
Total amount of days with bad air quality
Water Quality:

Cost of Living in Waukegan, IL

Housing

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

  • Housing Index: 95.0 / 100
  • Median Home Price is: $248000
  • Average Rent (2 BR Apartment): $1500 per month
  • Average Rent (2 BR House): $1600 per month

When considering a move to Waukegan, IL, the housing index of 95.0 indicates it's a relatively affordable market. The median home price of 248000 is accessible compared to the national average, suggesting potential for long-term investment growth. Renting options vary, with an average rent of 1500 for a 2-bedroom apartment and 1600 for a house, reflecting a slight premium for more space. Overall, this data suggests a balanced housing market that might attract both renters and homebuyers seeking value in a competitive landscape.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Waukegan, 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.): $230 per month

Living in Waukegan, 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 230 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: 102.0

Median Income

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

  • Median Income: $66077

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.

Summary

When considering a move to Waukegan, 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.
Pros
  1. Diverse community events
  2. Growing job opportunities
  3. Cultural festivals year-round
  4. Strong sense of community
  5. Proximity to Chicago
  6. Family-friendly activities
  7. Local dining scene
  8. Lakefront access and parks
  9. Various outdoor activities
  10. Affordable housing options
Cons
  1. Job market can be unstable
  2. Some areas feel neglected
  3. Limited nightlife options
  4. Racial tensions in areas
  5. Traffic congestion issues
  6. Schools need improvement
  7. Public transport is lacking
  8. Weather extremes in winter
  9. Economic disparities noted
  10. Higher crime rates reported