Cost of Living: Kankakee, IL vs Woodward, OK

Housing

The housing market plays a significant role in determining the cost of living.

Metric Kankakee Woodward
Housing Index 90.0 80.0
Median Home Price $142,000 $190,000
Average Rent (2 BR Apartment) $1200 $1200
Average Rent (2 BR House) $1360 $1280

Housing Comparison: Kankakee vs Woodward

  • The median home price in Woodward is higher at $190,000, compared to $142,000 in Kankakee.
  • The rent for a two-bedroom apartment is equal in both Kankakee and Woodward 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 Kankakee Woodward
Electricity Price $16.15 $12.37
Natural Gas Price $16.59 $20.27
Other Utilities $250 $250

Utilities Comparison: Kankakee vs Woodward

  • Electricity costs are higher in Kankakee at $16.15 per kWh, compared to $12.37 in Woodward.
  • Woodward experiences higher natural gas costs at $20.27 per unit, with costs at $16.59 in Kankakee.
  • Utility expenses are equal in both Kankakee and Woodward averaging $250.