Cost of Living: Chattanooga, TN vs Lincoln, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Chattanooga | Lincoln |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $304,000 | $106,000 |
| Average Rent (2 BR Apartment) | $1200 | $1150 |
| Average Rent (2 BR House) | $1360 | $1200 |
Housing Comparison: Chattanooga vs Lincoln
- In Chattanooga, the median home price is higher at $304,000, while in Lincoln it is $106,000.
- Renting a two-bedroom apartment costs more in Chattanooga at $1,200 than in Lincoln at $1,150.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Chattanooga | Lincoln |
|---|---|---|
| Electricity Price | $12.57 | $16.15 |
| Natural Gas Price | $12.35 | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Chattanooga vs Lincoln
- Lincoln has higher electricity costs at $16.15 per kWh, versus $12.57 in Chattanooga.
- Lincoln experiences higher natural gas costs at $16.59 per unit, with costs at $12.35 in Chattanooga.
- Utility expenses are equal in both Chattanooga and Lincoln averaging $250.