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.