Cost of Living: New troy, MI vs Loves park, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | New troy | Loves park |
|---|---|---|
| Housing Index | Data is updating | 80.0 |
| Median Home Price | $221,500 | $213,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1200 |
| Average Rent (2 BR House) | $Data is updating | $1600 |
Housing Comparison: New troy vs Loves park
- In New troy, the median home price is higher at $221,500, while in Loves park it is $213,000.
- The rent for a two-bedroom apartment is equal in both New troy and Loves park 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 | New troy | Loves park |
|---|---|---|
| Electricity Price | $19.88 | $16.15 |
| Natural Gas Price | $15.42 | $16.59 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: New troy vs Loves park
- Electricity costs are higher in New troy at $19.88 per kWh, compared to $16.15 in Loves park.
- Loves park experiences higher natural gas costs at $16.59 per unit, with costs at $15.42 in New troy.
- Utility expenses are equal in both New troy and Loves park averaging $0.0.