Cost of Living: Boaz, AL vs Shumway, IL

Housing

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

Metric Boaz Shumway
Housing Index 85.0 90.0
Median Home Price $189,000 $173,000
Average Rent (2 BR Apartment) $950 $850
Average Rent (2 BR House) $1200 $880

Housing Comparison: Boaz vs Shumway

  • In Boaz, the median home price is higher at $189,000, while in Shumway it is $173,000.
  • Renting a two-bedroom apartment costs more in Boaz at $950 than in Shumway at $850.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Boaz Shumway
Electricity Price $15.03 $16.15
Natural Gas Price $21.76 $16.59
Other Utilities $200 $200

Utilities Comparison: Boaz vs Shumway

  • Shumway has higher electricity costs at $16.15 per kWh, versus $15.03 in Boaz.
  • Natural gas is more expensive in Boaz at $21.76 per unit, while it is cheaper at $16.59 in Shumway.
  • Utility expenses are equal in both Boaz and Shumway averaging $200.