Cost of living in Lockport
Lockport, located in Illinois, offers a unique blend of suburban charm and accessibility to urban amenities. Understanding the cost of living in Lockport is crucial for both current residents and those considering a move to the area.
This guide provides a detailed breakdown of expenses in Lockport, 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 $20 on average, with a range between $14.5 and $25.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $57.5, with prices ranging from $50 to $65.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $8, with a range between $8 and $15.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer is $9, imported beer ranges from $3 to $5, cappuccino $3 to $6, and Coke/Pepsi $2.19 to $3.
Grocery Prices
- Milk - Milk is priced between $0.59 and $1.32 per liter, averaging $1.04.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.65 and $4.18, with an average price of $2.75.
- Eggs (Dozen) - A dozen eggs range from $1.5 to $3.5, averaging $2.3.
- Fruits (e.g., Apples, Oranges) - Apples cost $4.17 per kg, while oranges range from $4.41 to $5.47 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced at $3.73 per kg, and lettuce costs $1.99 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.82 and $1.03 per liter.
- Taxi Fares - Taxi fares start at $4.53, with a cost of $2.64 to $3.11 per km and $15 to $20 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre is not specified in the data provided.
- 1-Bedroom Apartment Rent (Outside Centre) - Rent for a 1-bedroom apartment outside the city centre is not specified in the data provided.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $165 and $300, averaging $212.25.
- Internet - Internet services range from $52 to $100, with an average cost of $70.5.
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.
Cost of Living Data
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"Key Takeaways"
Lockport offers a moderate cost of living with reasonable prices for dining and groceries. Transportation costs are relatively low, especially for gasoline.
Housing costs are not detailed, but utilities and internet services are moderately priced, making Lockport a potentially affordable place to live.
Conclusion
In conclusion, Lockport, IL, presents a balanced cost of living with affordable dining and transportation options. While specific housing costs are not detailed, the overall expenses suggest a manageable lifestyle for residents.
Prospective residents should consider these factors when planning a move to Lockport, ensuring they align with personal financial goals and lifestyle preferences.