Cost of living in Belvidere
Belvidere, located in Illinois, is a city that offers a unique blend of small-town charm and accessibility to larger urban areas. Understanding the cost of living in Belvidere is crucial for potential residents and those considering relocation.
This guide provides a detailed breakdown of expenses in Belvidere, covering essential categories such as dining, groceries, transportation, housing, and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $10.99 on average, with a range between $10.99 and $20.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $46.99, with prices ranging from $46.99 to $110.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $7.99, with a range between $7.99 and $12.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3 to $6, imported beer $5.5 to $7, cappuccino $4.75 to $6, and Coke/Pepsi $1.25 to $3.
Grocery Prices
- Milk - Milk is priced between $0.45 and $1.22 per liter, averaging $0.87.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.31 and $4.41, with an average price of $1.31.
- Eggs (Dozen) - A dozen eggs range from $1.54 to $4.25, averaging $2.85.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.84 to $13.23 per kg, while oranges range from $2.76 to $11.02 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.46 and $3.68 per kg, and lettuce costs $0.99 to $2.17 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $2.
- Fuel (Gasoline) - Gasoline is priced between $0.68 and $0.91 per liter.
- Taxi Fares - Taxi fares are not specified, but the cost of a new car like a Toyota Corolla is between $26,000 and $33,000.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $1150.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $775.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $1400.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $1150.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre averages $11,409.75.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter averages $11,398.98.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $116 and $250, averaging $205.33.
- Internet - Internet services range from $55 to $130, with an average cost of $86.25.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
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"Key Takeaways"
Belvidere offers a relatively affordable cost of living compared to larger cities, with moderate prices in dining and housing.
Grocery prices are competitive, and transportation costs are reasonable, making it a suitable location for families and individuals alike.
Potential residents should consider the cost of utilities and internet, which can vary significantly.
Conclusion
In conclusion, Belvidere, IL, presents a balanced cost of living with affordable housing and dining options.
While some costs like utilities and internet may be higher, the overall expenses are manageable, making it an attractive place for those seeking a quieter lifestyle with access to urban amenities.