Cost of Living: Louin, MS vs Belvidere, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Louin | Belvidere |
|---|---|---|
| Housing Index | Data is updating | 90.0 |
| Median Home Price | $114,000 | $212,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1200 |
| Average Rent (2 BR House) | $Data is updating | $1235 |
Housing Comparison: Louin vs Belvidere
- The median home price in Belvidere is higher at $212,000, compared to $114,000 in Louin.
- The rent for a two-bedroom apartment is equal in both Louin and Belvidere at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Louin | Belvidere |
|---|---|---|
| Electricity Price | $13.42 | $16.15 |
| Natural Gas Price | $22.19 | $16.59 |
| Other Utilities | $Data is updating | $200 |
Utilities Comparison: Louin vs Belvidere
- Belvidere has higher electricity costs at $16.15 per kWh, versus $13.42 in Louin.
- Natural gas is more expensive in Louin at $22.19 per unit, while it is cheaper at $16.59 in Belvidere.
- Utility expenses are equal in both Louin and Belvidere averaging $0.0.