Cost of Living: Belvidere, IL vs Newnan, GA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Belvidere | Newnan |
|---|---|---|
| Housing Index | 90.0 | 90.0 |
| Median Home Price | $212,000 | $363,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1235 | $1280 |
Housing Comparison: Belvidere vs Newnan
- The median home price in Newnan is higher at $363,000, compared to $212,000 in Belvidere.
- The rent for a two-bedroom apartment is equal in both Belvidere and Newnan at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Belvidere | Newnan |
|---|---|---|
| Electricity Price | $16.15 | $15.53 |
| Natural Gas Price | $16.59 | $27.53 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Belvidere vs Newnan
- Electricity costs are higher in Belvidere at $16.15 per kWh, compared to $15.53 in Newnan.
- Newnan experiences higher natural gas costs at $27.53 per unit, with costs at $16.59 in Belvidere.
- Utility expenses are equal in both Belvidere and Newnan averaging $200.