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.