Cost of Living: Bellwood, IL vs Elk horn, IA

Housing

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

Metric Bellwood Elk horn
Housing Index 105.0 Data is updating
Median Home Price $232,000 $82,400
Average Rent (2 BR Apartment) $1800 $Data is updating
Average Rent (2 BR House) $1840 $Data is updating

Housing Comparison: Bellwood vs Elk horn

  • In Bellwood, the median home price is higher at $232,000, while in Elk horn it is $82,400.
  • The rent for a two-bedroom apartment is equal in both Bellwood and Elk horn at $1,800.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Bellwood Elk horn
Electricity Price $16.15 $14.82
Natural Gas Price $16.59 $15.61
Other Utilities $250 $Data is updating

Utilities Comparison: Bellwood vs Elk horn

  • Electricity costs are higher in Bellwood at $16.15 per kWh, compared to $14.82 in Elk horn.
  • Natural gas is more expensive in Bellwood at $16.59 per unit, while it is cheaper at $15.61 in Elk horn.
  • Utility expenses are equal in both Bellwood and Elk horn averaging $250.