Cost of Living: Bellwood, IL vs Loraine, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Bellwood | Loraine |
|---|---|---|
| Housing Index | 105.0 | Data is updating |
| Median Home Price | $232,000 | $110,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1840 | $Data is updating |
Housing Comparison: Bellwood vs Loraine
- In Bellwood, the median home price is higher at $232,000, while in Loraine it is $110,000.
- The rent for a two-bedroom apartment is equal in both Bellwood and Loraine 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 | Loraine |
|---|---|---|
| Electricity Price | $16.15 | $14.47 |
| Natural Gas Price | $16.59 | $26.29 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Bellwood vs Loraine
- Electricity costs are higher in Bellwood at $16.15 per kWh, compared to $14.47 in Loraine.
- Loraine experiences higher natural gas costs at $26.29 per unit, with costs at $16.59 in Bellwood.
- Utility expenses are equal in both Bellwood and Loraine averaging $250.