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.