Cost of Living: Champaign, IL vs Okeechobee, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Champaign | Okeechobee |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $264,000 | $206,800 |
| Average Rent (2 BR Apartment) | $1100 | $1200 |
| Average Rent (2 BR House) | $1120 | $1440 |
Housing Comparison: Champaign vs Okeechobee
- In Champaign, the median home price is higher at $264,000, while in Okeechobee it is $206,800.
- In Okeechobee, the rental for a two-bedroom apartment stands at $1,200, while it is $1,100 in Champaign.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Champaign | Okeechobee |
|---|---|---|
| Electricity Price | $16.15 | $13.89 |
| Natural Gas Price | $16.59 | $26.13 |
| Other Utilities | $150 | $180 |
Utilities Comparison: Champaign vs Okeechobee
- Electricity costs are higher in Champaign at $16.15 per kWh, compared to $13.89 in Okeechobee.
- Okeechobee experiences higher natural gas costs at $26.13 per unit, with costs at $16.59 in Champaign.
- Okeechobee has higher utility expenses, averaging $180, while Champaign averages $150.