Cost of Living: Horn lake, MS vs Rockford, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Horn lake | Rockford |
|---|---|---|
| Housing Index | 80.0 | 85.0 |
| Median Home Price | $196,000 | $156,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1352 | $1360 |
Housing Comparison: Horn lake vs Rockford
- In Horn lake, the median home price is higher at $196,000, while in Rockford it is $156,000.
- The rent for a two-bedroom apartment is equal in both Horn lake and Rockford 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 | Horn lake | Rockford |
|---|---|---|
| Electricity Price | $13.42 | $16.15 |
| Natural Gas Price | $22.19 | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Horn lake vs Rockford
- Rockford has higher electricity costs at $16.15 per kWh, versus $13.42 in Horn lake.
- Natural gas is more expensive in Horn lake at $22.19 per unit, while it is cheaper at $16.59 in Rockford.
- Utility expenses are equal in both Horn lake and Rockford averaging $250.