Cost of Living: Kankakee, IL vs Glenwood, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Kankakee | Glenwood |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $142,000 | $150,000 |
| Average Rent (2 BR Apartment) | $1200 | $800 |
| Average Rent (2 BR House) | $1360 | $840 |
Housing Comparison: Kankakee vs Glenwood
- The median home price in Glenwood is higher at $150,000, compared to $142,000 in Kankakee.
- In Glenwood, the rental for a two-bedroom apartment stands at $800, while it is $1,200 in Kankakee.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Kankakee | Glenwood |
|---|---|---|
| Electricity Price | $16.15 | $12.36 |
| Natural Gas Price | $16.59 | $17.08 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Kankakee vs Glenwood
- Electricity costs are higher in Kankakee at $16.15 per kWh, compared to $12.36 in Glenwood.
- Glenwood experiences higher natural gas costs at $17.08 per unit, with costs at $16.59 in Kankakee.
- Utility expenses are equal in both Kankakee and Glenwood averaging $250.