Cost of Living: Cochran, GA vs Princeton, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Cochran | Princeton |
|---|---|---|
| Housing Index | 85.4 | 90.0 |
| Median Home Price | $166,000 | $100,000 |
| Average Rent (2 BR Apartment) | $800 | $1080 |
| Average Rent (2 BR House) | $850 | $1024 |
Housing Comparison: Cochran vs Princeton
- In Cochran, the median home price is higher at $166,000, while in Princeton it is $100,000.
- Renting a two-bedroom apartment costs more in Cochran at $800 than in Princeton at $1,080.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Cochran | Princeton |
|---|---|---|
| Electricity Price | $15.53 | $16.15 |
| Natural Gas Price | $27.53 | $16.59 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Cochran vs Princeton
- Princeton has higher electricity costs at $16.15 per kWh, versus $15.53 in Cochran.
- Natural gas is more expensive in Cochran at $27.53 per unit, while it is cheaper at $16.59 in Princeton.
- Utility expenses are equal in both Cochran and Princeton averaging $200.