Cost of Living: Dixon, IL vs Elizabeth, NJ

Housing

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

Metric Dixon Elizabeth
Housing Index 90.0 125.0
Median Home Price $187,000 $293,000
Average Rent (2 BR Apartment) $1200 $2400
Average Rent (2 BR House) $1280 $2400

Housing Comparison: Dixon vs Elizabeth

  • The median home price in Elizabeth is higher at $293,000, compared to $187,000 in Dixon.
  • In Elizabeth, the rental for a two-bedroom apartment stands at $2,400, while it is $1,200 in Dixon.

Utilities

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

Metric Dixon Elizabeth
Electricity Price $16.15 $19.88
Natural Gas Price $16.59 $14.01
Other Utilities $250 $250

Utilities Comparison: Dixon vs Elizabeth

  • Elizabeth has higher electricity costs at $19.88 per kWh, versus $16.15 in Dixon.
  • Natural gas is more expensive in Dixon at $16.59 per unit, while it is cheaper at $14.01 in Elizabeth.
  • Utility expenses are equal in both Dixon and Elizabeth averaging $250.