Cost of Living: Elgin, IL vs Shepherd, MT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Elgin | Shepherd |
|---|---|---|
| Housing Index | 115.0 | Data is updating |
| Median Home Price | $292,000 | $200,000 |
| Average Rent (2 BR Apartment) | $1600 | $Data is updating |
| Average Rent (2 BR House) | $1650 | $Data is updating |
Housing Comparison: Elgin vs Shepherd
- In Elgin, the median home price is higher at $292,000, while in Shepherd it is $200,000.
- The rent for a two-bedroom apartment is equal in both Elgin and Shepherd at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Elgin | Shepherd |
|---|---|---|
| Electricity Price | $16.15 | $13.58 |
| Natural Gas Price | $16.59 | $8.31 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Elgin vs Shepherd
- Electricity costs are higher in Elgin at $16.15 per kWh, compared to $13.58 in Shepherd.
- Shepherd experiences higher natural gas costs at $8.31 per unit, with costs at $16.59 in Elgin.
- Utility expenses are equal in both Elgin and Shepherd averaging $250.