Cost of Living: Duluth, MN vs Montgomery, IL
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Duluth | Montgomery |
---|---|---|
Housing Index | 110.0 | 85.0 |
Median Home Price | $242,500 | $260,000 |
Average Rent (2 BR Apartment) | $1450 | $1200 |
Average Rent (2 BR House) | $1600 | $1245 |
Housing Comparison: Duluth vs Montgomery
- The median home price in Montgomery is higher at $260,000, compared to $242,500 in Duluth.
- Renting a two-bedroom apartment costs more in Duluth at $1,450 than in Montgomery 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 | Duluth | Montgomery |
---|---|---|
Electricity Price | $16.38 | $16.15 |
Natural Gas Price | $14.87 | $16.59 |
Other Utilities | $200 | $200 |
Utilities Comparison: Duluth vs Montgomery
- Electricity costs are higher in Duluth at $16.38 per kWh, compared to $16.15 in Montgomery.
- Montgomery experiences higher natural gas costs at $16.59 per unit, with costs at $14.87 in Duluth.
- Utility expenses are equal in both Duluth and Montgomery averaging $200.