Cost of Living: Galena, IL vs Meridian, ID

Housing

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

Metric Galena Meridian
Housing Index 90.0 115.0
Median Home Price $275,000 $427,000
Average Rent (2 BR Apartment) $1600 $1800
Average Rent (2 BR House) $1360 $1940

Housing Comparison: Galena vs Meridian

  • The median home price in Meridian is higher at $427,000, compared to $275,000 in Galena.
  • In Meridian, the rental for a two-bedroom apartment stands at $1,800, while it is $1,600 in Galena.

Utilities

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

Metric Galena Meridian
Electricity Price $16.15 $12.28
Natural Gas Price $16.59 $9.87
Other Utilities $250 $250

Utilities Comparison: Galena vs Meridian

  • Electricity costs are higher in Galena at $16.15 per kWh, compared to $12.28 in Meridian.
  • Meridian experiences higher natural gas costs at $9.87 per unit, with costs at $16.59 in Galena.
  • Utility expenses are equal in both Galena and Meridian averaging $250.