Cost of Living: Bellwood, IL vs Dearborn, MI

Housing

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

Metric Bellwood Dearborn
Housing Index 105.0 110.0
Median Home Price $232,000 $205,000
Average Rent (2 BR Apartment) $1800 $1200
Average Rent (2 BR House) $1840 $1280

Housing Comparison: Bellwood vs Dearborn

  • In Bellwood, the median home price is higher at $232,000, while in Dearborn it is $205,000.
  • Renting a two-bedroom apartment costs more in Bellwood at $1,800 than in Dearborn 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 Bellwood Dearborn
Electricity Price $16.15 $19.88
Natural Gas Price $16.59 $15.42
Other Utilities $250 $250

Utilities Comparison: Bellwood vs Dearborn

  • Dearborn has higher electricity costs at $19.88 per kWh, versus $16.15 in Bellwood.
  • Natural gas is more expensive in Bellwood at $16.59 per unit, while it is cheaper at $15.42 in Dearborn.
  • Utility expenses are equal in both Bellwood and Dearborn averaging $250.