Cost of Living: Laconia, NH vs Shumway, IL

Housing

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

Metric Laconia Shumway
Housing Index 95.0 90.0
Median Home Price $325,000 $173,000
Average Rent (2 BR Apartment) $1700 $850
Average Rent (2 BR House) $1820 $880

Housing Comparison: Laconia vs Shumway

  • In Laconia, the median home price is higher at $325,000, while in Shumway it is $173,000.
  • In Shumway, the rental for a two-bedroom apartment stands at $850, while it is $1,700 in Laconia.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Laconia Shumway
Electricity Price $22.44 $16.15
Natural Gas Price $17.58 $16.59
Other Utilities $250 $200

Utilities Comparison: Laconia vs Shumway

  • Electricity costs are higher in Laconia at $22.44 per kWh, compared to $16.15 in Shumway.
  • Natural gas is more expensive in Laconia at $17.58 per unit, while it is cheaper at $16.59 in Shumway.
  • Other utility costs are higher in Laconia at an average of $250, compared to Shumway with $200.