Cost of Living: Lincoln, IL vs Springfield, OR

Housing

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

Metric Lincoln Springfield
Housing Index 85.0 110.0
Median Home Price $106,000 $420,000
Average Rent (2 BR Apartment) $1150 $1500
Average Rent (2 BR House) $1200 $1580

Housing Comparison: Lincoln vs Springfield

  • The median home price in Springfield is higher at $420,000, compared to $106,000 in Lincoln.
  • In Springfield, the rental for a two-bedroom apartment stands at $1,500, while it is $1,150 in Lincoln.

Utilities

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

Metric Lincoln Springfield
Electricity Price $16.15 $15.12
Natural Gas Price $16.59 $16.5
Other Utilities $250 $230

Utilities Comparison: Lincoln vs Springfield

  • Electricity costs are higher in Lincoln at $16.15 per kWh, compared to $15.12 in Springfield.
  • Natural gas is more expensive in Lincoln at $16.59 per unit, while it is cheaper at $16.5 in Springfield.
  • Other utility costs are higher in Lincoln at an average of $250, compared to Springfield with $230.