Cost of living in Streator
Streator, located in Illinois, offers a unique blend of small-town charm and affordability. Understanding the cost of living in Streator is crucial for potential residents and those considering relocation.
This guide provides a detailed breakdown of expenses, including dining, groceries, transportation, housing, and utilities, to help you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $14.5 on average, with a range between $12 and $26.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $50, with prices ranging from $44 to $73.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $11, with a range between $10 and $13.78.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $5 to $7, imported beer $5 to $10, cappuccino $1.5 to $6, and Coke/Pepsi $1.5 to $2.75.
Grocery Prices
- Milk - Milk is priced between $0.66 and $1.24 per liter, averaging $0.78.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.57 and $4.41, with an average price of $2.98.
- Eggs (Dozen) - A dozen eggs are consistently priced at $1.4.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.2 to $4.41 per kg, while oranges range from $2.2 to $4.96 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.66 and $3.86 per kg, and lettuce costs $1.69 to $4 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.82 and $1.03 per liter.
- New Car (Toyota Corolla Sedan) - A new Toyota Corolla Sedan costs between $20,000 and $26,000.
Housing Costs
- Mortgage Interest Rate - The mortgage interest rate for a 20-year fixed-rate loan is between 6% and 6.8%.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $150 and $250, averaging $216.67.
- Internet - Internet services range from $50 to $90, with an average cost of $62.
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"
Streator offers a relatively affordable cost of living, with reasonable prices for dining and groceries.
Housing costs are moderate, with competitive mortgage rates, making it an attractive option for homebuyers.
Transportation and utility costs are manageable, contributing to the overall affordability of living in Streator.
Conclusion
In conclusion, Streator, IL, presents a cost-effective living environment with its affordable dining, grocery, and utility expenses.
The moderate housing costs and competitive mortgage rates further enhance its appeal, making it a viable option for individuals and families seeking a balanced lifestyle.