Cost of Living: Hinsdale, IL vs Belvidere, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hinsdale | Belvidere |
|---|---|---|
| Housing Index | 115.0 | 90.0 |
| Median Home Price | $633,000 | $212,000 |
| Average Rent (2 BR Apartment) | $2300 | $1200 |
| Average Rent (2 BR House) | $2400 | $1235 |
Housing Comparison: Hinsdale vs Belvidere
- In Hinsdale, the median home price is higher at $633,000, while in Belvidere it is $212,000.
- Renting a two-bedroom apartment costs more in Hinsdale at $2,300 than in Belvidere 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 | Hinsdale | Belvidere |
|---|---|---|
| Electricity Price | $16.15 | $16.15 |
| Natural Gas Price | $16.59 | $16.59 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Hinsdale vs Belvidere
- Electricity costs are the same in both Hinsdale and Belvidere at $16.15 per kWh.
- Natural gas costs are identical in both Hinsdale and Belvidere at $16.59 per unit.
- Other utility costs are higher in Hinsdale at an average of $250, compared to Belvidere with $200.