Cost of Living: Gresham, OR vs Hilo, HI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Gresham | Hilo |
|---|---|---|
| Housing Index | 120.0 | 160.0 |
| Median Home Price | $476,000 | $479,000 |
| Average Rent (2 BR Apartment) | $1800 | $2500 |
| Average Rent (2 BR House) | $1860 | $2400 |
Housing Comparison: Gresham vs Hilo
- The median home price in Hilo is higher at $479,000, compared to $476,000 in Gresham.
- In Hilo, the rental for a two-bedroom apartment stands at $2,500, while it is $1,800 in Gresham.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Gresham | Hilo |
|---|---|---|
| Electricity Price | $15.12 | $42.45 |
| Natural Gas Price | $16.5 | $51.22 |
| Other Utilities | $250 | $350 |
Utilities Comparison: Gresham vs Hilo
- Hilo has higher electricity costs at $42.45 per kWh, versus $15.12 in Gresham.
- Hilo experiences higher natural gas costs at $51.22 per unit, with costs at $16.5 in Gresham.
- Hilo has higher utility expenses, averaging $350, while Gresham averages $250.