Cost of Living: Columbia, MO vs Shumway, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Columbia | Shumway |
|---|---|---|
| Housing Index | 85.0 | 90.0 |
| Median Home Price | $295,000 | $173,000 |
| Average Rent (2 BR Apartment) | $1200 | $850 |
| Average Rent (2 BR House) | $1360 | $880 |
Housing Comparison: Columbia vs Shumway
- In Columbia, the median home price is higher at $295,000, while in Shumway it is $173,000.
- In Shumway, the rental for a two-bedroom apartment stands at $850, while it is $1,200 in Columbia.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Columbia | Shumway |
|---|---|---|
| Electricity Price | $14.64 | $16.15 |
| Natural Gas Price | $23.25 | $16.59 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Columbia vs Shumway
- Shumway has higher electricity costs at $16.15 per kWh, versus $14.64 in Columbia.
- Natural gas is more expensive in Columbia at $23.25 per unit, while it is cheaper at $16.59 in Shumway.
- Other utility costs are higher in Columbia at an average of $250, compared to Shumway with $200.