Cost of Living: Westminster, VT vs Belvidere, IL

Housing

The housing market plays a significant role in determining the cost of living.

Metric Westminster Belvidere
Housing Index 120.0 90.0
Median Home Price $275,000 $212,000
Average Rent (2 BR Apartment) $1800 $1200
Average Rent (2 BR House) $1850 $1235

Housing Comparison: Westminster vs Belvidere

  • In Westminster, the median home price is higher at $275,000, while in Belvidere it is $212,000.
  • Renting a two-bedroom apartment costs more in Westminster at $1,800 than in 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 Westminster Belvidere
Electricity Price $21.91 $16.15
Natural Gas Price $18.28 $16.59
Other Utilities $250 $200

Utilities Comparison: Westminster vs Belvidere

  • Electricity costs are higher in Westminster at $21.91 per kWh, compared to $16.15 in Belvidere.
  • Natural gas is more expensive in Westminster at $18.28 per unit, while it is cheaper at $16.59 in Belvidere.
  • Other utility costs are higher in Westminster at an average of $250, compared to Belvidere with $200.