Cost of Living: Gatesville, TX vs Rockford, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Gatesville | Rockford |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $230,000 | $156,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1352 | $1360 |
Housing Comparison: Gatesville vs Rockford
- In Gatesville, the median home price is higher at $230,000, while in Rockford it is $156,000.
- The rent for a two-bedroom apartment is equal in both Gatesville and Rockford at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Gatesville | Rockford |
|---|---|---|
| Electricity Price | $14.47 | $16.15 |
| Natural Gas Price | $26.29 | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Gatesville vs Rockford
- Rockford has higher electricity costs at $16.15 per kWh, versus $14.47 in Gatesville.
- Natural gas is more expensive in Gatesville at $26.29 per unit, while it is cheaper at $16.59 in Rockford.
- Utility expenses are equal in both Gatesville and Rockford averaging $250.