Cost of Living: Joliet, IL vs Cochran, GA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Joliet | Cochran |
|---|---|---|
| Housing Index | 85.0 | 85.4 |
| Median Home Price | $205,000 | $166,000 |
| Average Rent (2 BR Apartment) | $1200 | $800 |
| Average Rent (2 BR House) | $1285 | $850 |
Housing Comparison: Joliet vs Cochran
- In Joliet, the median home price is higher at $205,000, while in Cochran it is $166,000.
- In Cochran, the rental for a two-bedroom apartment stands at $800, while it is $1,200 in Joliet.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Joliet | Cochran |
|---|---|---|
| Electricity Price | $16.15 | $15.53 |
| Natural Gas Price | $16.59 | $27.53 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Joliet vs Cochran
- Electricity costs are higher in Joliet at $16.15 per kWh, compared to $15.53 in Cochran.
- Cochran experiences higher natural gas costs at $27.53 per unit, with costs at $16.59 in Joliet.
- Utility expenses are equal in both Joliet and Cochran averaging $200.