Cost of Living: Hillsboro, IL vs Melbourne beach, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hillsboro | Melbourne beach |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $110,000 | $317,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1240 | $Data is updating |
Housing Comparison: Hillsboro vs Melbourne beach
- The median home price in Melbourne beach is higher at $317,000, compared to $110,000 in Hillsboro.
- The rent for a two-bedroom apartment is equal in both Hillsboro and Melbourne beach 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 | Melbourne beach |
|---|---|---|
| Electricity Price | $16.15 | $13.89 |
| Natural Gas Price | $16.59 | $26.13 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Hillsboro vs Melbourne beach
- Electricity costs are higher in Hillsboro at $16.15 per kWh, compared to $13.89 in Melbourne beach.
- Melbourne beach experiences higher natural gas costs at $26.13 per unit, with costs at $16.59 in Hillsboro.
- Utility expenses are equal in both Hillsboro and Melbourne beach averaging $250.