Cost of Living: Elgin, IL vs Bennington, NE
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Elgin | Bennington |
|---|---|---|
| Housing Index | 115.0 | 92.0 |
| Median Home Price | $292,000 | $291,000 |
| Average Rent (2 BR Apartment) | $1600 | $1280 |
| Average Rent (2 BR House) | $1650 | $1400 |
Housing Comparison: Elgin vs Bennington
- In Elgin, the median home price is higher at $292,000, while in Bennington it is $291,000.
- Renting a two-bedroom apartment costs more in Elgin at $1,600 than in Bennington at $1,280.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Elgin | Bennington |
|---|---|---|
| Electricity Price | $16.15 | $12.92 |
| Natural Gas Price | $16.59 | $13.89 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Elgin vs Bennington
- Electricity costs are higher in Elgin at $16.15 per kWh, compared to $12.92 in Bennington.
- Natural gas is more expensive in Elgin at $16.59 per unit, while it is cheaper at $13.89 in Bennington.
- Other utility costs are higher in Elgin at an average of $250, compared to Bennington with $200.