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.