Cost of Living: Belvidere, IL vs Crossett, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Belvidere | Crossett |
|---|---|---|
| Housing Index | 90.0 | 75.0 |
| Median Home Price | $212,000 | $106,000 |
| Average Rent (2 BR Apartment) | $1200 | $850 |
| Average Rent (2 BR House) | $1235 | $880 |
Housing Comparison: Belvidere vs Crossett
- In Belvidere, the median home price is higher at $212,000, while in Crossett it is $106,000.
- In Crossett, the rental for a two-bedroom apartment stands at $850, while it is $1,200 in Belvidere.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Belvidere | Crossett |
|---|---|---|
| Electricity Price | $16.15 | $12.36 |
| Natural Gas Price | $16.59 | $17.08 |
| Other Utilities | $200 | $210 |
Utilities Comparison: Belvidere vs Crossett
- Electricity costs are higher in Belvidere at $16.15 per kWh, compared to $12.36 in Crossett.
- Crossett experiences higher natural gas costs at $17.08 per unit, with costs at $16.59 in Belvidere.
- Crossett has higher utility expenses, averaging $210, while Belvidere averages $200.