Cost of Living: Belvidere, IL vs South portland, ME

Housing

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

Metric Belvidere South portland
Housing Index 90.0 110.0
Median Home Price $212,000 $308,000
Average Rent (2 BR Apartment) $1200 $1900
Average Rent (2 BR House) $1235 $1975

Housing Comparison: Belvidere vs South portland

  • The median home price in South portland is higher at $308,000, compared to $212,000 in Belvidere.
  • In South portland, the rental for a two-bedroom apartment stands at $1,900, 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 South portland
Electricity Price $16.15 $22.26
Natural Gas Price $16.59 $21.63
Other Utilities $200 $250

Utilities Comparison: Belvidere vs South portland

  • South portland has higher electricity costs at $22.26 per kWh, versus $16.15 in Belvidere.
  • South portland experiences higher natural gas costs at $21.63 per unit, with costs at $16.59 in Belvidere.
  • South portland has higher utility expenses, averaging $250, while Belvidere averages $200.