Cost of Living: Knoxville, TN vs Princeton, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Knoxville | Princeton |
|---|---|---|
| Housing Index | 90.0 | 90.0 |
| Median Home Price | $250,000 | $100,000 |
| Average Rent (2 BR Apartment) | $1200 | $1080 |
| Average Rent (2 BR House) | $1200 | $1024 |
Housing Comparison: Knoxville vs Princeton
- In Knoxville, the median home price is higher at $250,000, while in Princeton it is $100,000.
- Renting a two-bedroom apartment costs more in Knoxville at $1,200 than in Princeton at $1,080.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Knoxville | Princeton |
|---|---|---|
| Electricity Price | $12.57 | $16.15 |
| Natural Gas Price | $12.35 | $16.59 |
| Other Utilities | $150 | $200 |
Utilities Comparison: Knoxville vs Princeton
- Princeton has higher electricity costs at $16.15 per kWh, versus $12.57 in Knoxville.
- Princeton experiences higher natural gas costs at $16.59 per unit, with costs at $12.35 in Knoxville.
- Princeton has higher utility expenses, averaging $200, while Knoxville averages $150.