Cost of Living: Fairhope, AL vs Lincoln, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Fairhope | Lincoln |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $295,000 | $106,000 |
| Average Rent (2 BR Apartment) | $1200 | $1150 |
| Average Rent (2 BR House) | $1280 | $1200 |
Housing Comparison: Fairhope vs Lincoln
- In Fairhope, the median home price is higher at $295,000, while in Lincoln it is $106,000.
- Renting a two-bedroom apartment costs more in Fairhope at $1,200 than in Lincoln at $1,150.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Fairhope | Lincoln |
|---|---|---|
| Electricity Price | $15.03 | $16.15 |
| Natural Gas Price | $21.76 | $16.59 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Fairhope vs Lincoln
- Lincoln has higher electricity costs at $16.15 per kWh, versus $15.03 in Fairhope.
- Natural gas is more expensive in Fairhope at $21.76 per unit, while it is cheaper at $16.59 in Lincoln.
- Lincoln has higher utility expenses, averaging $250, while Fairhope averages $200.