Cost of Living: Rising star, TX vs Belvidere, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Rising star | Belvidere |
|---|---|---|
| Housing Index | 90.0 | 90.0 |
| Median Home Price | $230,000 | $212,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1360 | $1235 |
Housing Comparison: Rising star vs Belvidere
- In Rising star, the median home price is higher at $230,000, while in Belvidere it is $212,000.
- The rent for a two-bedroom apartment is equal in both Rising star 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 | Rising star | Belvidere |
|---|---|---|
| Electricity Price | $14.47 | $16.15 |
| Natural Gas Price | $26.29 | $16.59 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Rising star vs Belvidere
- Belvidere has higher electricity costs at $16.15 per kWh, versus $14.47 in Rising star.
- Natural gas is more expensive in Rising star at $26.29 per unit, while it is cheaper at $16.59 in Belvidere.
- Utility expenses are equal in both Rising star and Belvidere averaging $200.