Cost of Living: Greensboro, NC vs Belvidere, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Greensboro | Belvidere |
|---|---|---|
| Housing Index | 90.0 | 90.0 |
| Median Home Price | $303,000 | $212,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1280 | $1235 |
Housing Comparison: Greensboro vs Belvidere
- In Greensboro, the median home price is higher at $303,000, while in Belvidere it is $212,000.
- The rent for a two-bedroom apartment is equal in both Greensboro and Belvidere 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 | Greensboro | Belvidere |
|---|---|---|
| Electricity Price | $13.72 | $16.15 |
| Natural Gas Price | $Data is updating | $16.59 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Greensboro vs Belvidere
- Belvidere has higher electricity costs at $16.15 per kWh, versus $13.72 in Greensboro.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Greensboro at an average of $250, compared to Belvidere with $200.