Cost of Living: Carthage, TX vs Elgin, IL

Housing

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

Metric Carthage Elgin
Housing Index 85.0 115.0
Median Home Price $166,100 $292,000
Average Rent (2 BR Apartment) $1200 $1600
Average Rent (2 BR House) $1276 $1650

Housing Comparison: Carthage vs Elgin

  • The median home price in Elgin is higher at $292,000, compared to $166,100 in Carthage.
  • In Elgin, the rental for a two-bedroom apartment stands at $1,600, while it is $1,200 in Carthage.

Utilities

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

Metric Carthage Elgin
Electricity Price $14.47 $16.15
Natural Gas Price $26.29 $16.59
Other Utilities $250 $250

Utilities Comparison: Carthage vs Elgin

  • Elgin has higher electricity costs at $16.15 per kWh, versus $14.47 in Carthage.
  • Natural gas is more expensive in Carthage at $26.29 per unit, while it is cheaper at $16.59 in Elgin.
  • Utility expenses are equal in both Carthage and Elgin averaging $250.