Cost of Living: Belvidere, IL vs College park, MD

Housing

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

Metric Belvidere College park
Housing Index 90.0 Data is updating
Median Home Price $212,000 $442,000
Average Rent (2 BR Apartment) $1200 $Data is updating
Average Rent (2 BR House) $1235 $Data is updating

Housing Comparison: Belvidere vs College park

  • The median home price in College park is higher at $442,000, compared to $212,000 in Belvidere.
  • The rent for a two-bedroom apartment is equal in both Belvidere and College park at $1,200.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Belvidere College park
Electricity Price $16.15 $17.41
Natural Gas Price $16.59 $18.44
Other Utilities $200 $Data is updating

Utilities Comparison: Belvidere vs College park

  • College park has higher electricity costs at $17.41 per kWh, versus $16.15 in Belvidere.
  • College park experiences higher natural gas costs at $18.44 per unit, with costs at $16.59 in Belvidere.
  • Utility expenses are equal in both Belvidere and College park averaging $200.