Cost of Living: Clayton, NC vs Loves park, IL

Housing

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

Metric Clayton Loves park
Housing Index 110.0 80.0
Median Home Price $395,000 $213,000
Average Rent (2 BR Apartment) $1350 $1200
Average Rent (2 BR House) $1385 $1600

Housing Comparison: Clayton vs Loves park

  • In Clayton, the median home price is higher at $395,000, while in Loves park it is $213,000.
  • Renting a two-bedroom apartment costs more in Clayton at $1,350 than in Loves 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 Clayton Loves park
Electricity Price $13.72 $16.15
Natural Gas Price $Data is updating $16.59
Other Utilities $220 $250

Utilities Comparison: Clayton vs Loves park

  • Loves park has higher electricity costs at $16.15 per kWh, versus $13.72 in Clayton.
  • Natural gas price data is currently unavailable.
  • Loves park has higher utility expenses, averaging $250, while Clayton averages $220.