Cost of Living: Rockford, IL vs Hickory, NC
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Rockford | Hickory |
---|---|---|
Housing Index | 85.0 | 85.0 |
Median Home Price | $156,000 | $274,000 |
Average Rent (2 BR Apartment) | $1200 | $1200 |
Average Rent (2 BR House) | $1360 | $1325 |
Housing Comparison: Rockford vs Hickory
- The median home price in Hickory is higher at $274,000, compared to $156,000 in Rockford.
- The rent for a two-bedroom apartment is equal in both Rockford and Hickory 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 | Rockford | Hickory |
---|---|---|
Electricity Price | $16.15 | $13.72 |
Natural Gas Price | $16.59 | $Data is updating |
Other Utilities | $250 | $150 |
Utilities Comparison: Rockford vs Hickory
- Electricity costs are higher in Rockford at $16.15 per kWh, compared to $13.72 in Hickory.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Rockford at an average of $250, compared to Hickory with $150.