Cost of Living: Hillsboro, IL vs Malmo, NE
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hillsboro | Malmo |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $110,000 | $172,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1240 | $Data is updating |
Housing Comparison: Hillsboro vs Malmo
- The median home price in Malmo is higher at $172,000, compared to $110,000 in Hillsboro.
- The rent for a two-bedroom apartment is equal in both Hillsboro and Malmo 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 | Hillsboro | Malmo |
|---|---|---|
| Electricity Price | $16.15 | $12.92 |
| Natural Gas Price | $16.59 | $13.89 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Hillsboro vs Malmo
- Electricity costs are higher in Hillsboro at $16.15 per kWh, compared to $12.92 in Malmo.
- Natural gas is more expensive in Hillsboro at $16.59 per unit, while it is cheaper at $13.89 in Malmo.
- Utility expenses are equal in both Hillsboro and Malmo averaging $250.