Cost of Living: Galveston, TX vs Peoria, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Galveston | Peoria |
|---|---|---|
| Housing Index | 95.0 | 85.0 |
| Median Home Price | $317,000 | $194,000 |
| Average Rent (2 BR Apartment) | $1600 | $900 |
| Average Rent (2 BR House) | $1656 | $920 |
Housing Comparison: Galveston vs Peoria
- In Galveston, the median home price is higher at $317,000, while in Peoria it is $194,000.
- In Peoria, the rental for a two-bedroom apartment stands at $900, while it is $1,600 in Galveston.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Galveston | Peoria |
|---|---|---|
| Electricity Price | $14.47 | $16.15 |
| Natural Gas Price | $26.29 | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Galveston vs Peoria
- Peoria has higher electricity costs at $16.15 per kWh, versus $14.47 in Galveston.
- Natural gas is more expensive in Galveston at $26.29 per unit, while it is cheaper at $16.59 in Peoria.
- Utility expenses are equal in both Galveston and Peoria averaging $250.