Cost of Living: Belvidere, IL vs Falls city, NE

Housing

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

Metric Belvidere Falls city
Housing Index 90.0 90.5
Median Home Price $212,000 $138,000
Average Rent (2 BR Apartment) $1200 $900
Average Rent (2 BR House) $1235 $850

Housing Comparison: Belvidere vs Falls city

  • In Belvidere, the median home price is higher at $212,000, while in Falls city it is $138,000.
  • In Falls city, the rental for a two-bedroom apartment stands at $900, 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 Falls city
Electricity Price $16.15 $12.92
Natural Gas Price $16.59 $13.89
Other Utilities $200 $250

Utilities Comparison: Belvidere vs Falls city

  • Electricity costs are higher in Belvidere at $16.15 per kWh, compared to $12.92 in Falls city.
  • Natural gas is more expensive in Belvidere at $16.59 per unit, while it is cheaper at $13.89 in Falls city.
  • Falls city has higher utility expenses, averaging $250, while Belvidere averages $200.