Cost of Living: Channahon, IL vs Springfield, MO

Housing

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

Metric Channahon Springfield
Housing Index 90.0 85.0
Median Home Price $263,000 $215,000
Average Rent (2 BR Apartment) $1500 $900
Average Rent (2 BR House) $1400 $960

Housing Comparison: Channahon vs Springfield

  • In Channahon, the median home price is higher at $263,000, while in Springfield it is $215,000.
  • In Springfield, the rental for a two-bedroom apartment stands at $900, while it is $1,500 in Channahon.

Utilities

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

Metric Channahon Springfield
Electricity Price $16.15 $14.64
Natural Gas Price $16.59 $23.25
Other Utilities $250 $200

Utilities Comparison: Channahon vs Springfield

  • Electricity costs are higher in Channahon at $16.15 per kWh, compared to $14.64 in Springfield.
  • Springfield experiences higher natural gas costs at $23.25 per unit, with costs at $16.59 in Channahon.
  • Other utility costs are higher in Channahon at an average of $250, compared to Springfield with $200.