Cost of Living: Greenwood, IN vs Loves park, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Greenwood | Loves park |
|---|---|---|
| Housing Index | 90.0 | 80.0 |
| Median Home Price | $287,500 | $213,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1300 | $1600 |
Housing Comparison: Greenwood vs Loves park
- In Greenwood, the median home price is higher at $287,500, while in Loves park it is $213,000.
- The rent for a two-bedroom apartment is equal in both Greenwood and Loves park 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 | Greenwood | Loves park |
|---|---|---|
| Electricity Price | $14.89 | $16.15 |
| Natural Gas Price | $Data is updating | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Greenwood vs Loves park
- Loves park has higher electricity costs at $16.15 per kWh, versus $14.89 in Greenwood.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Greenwood and Loves park averaging $250.