Cost of Living: Loves park, IL vs Thayer, MO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Loves park | Thayer |
|---|---|---|
| Housing Index | 80.0 | 85.0 |
| Median Home Price | $213,000 | $144,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1600 | $1360 |
Housing Comparison: Loves park vs Thayer
- In Loves park, the median home price is higher at $213,000, while in Thayer it is $144,000.
- The rent for a two-bedroom apartment is equal in both Loves park and Thayer 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 | Loves park | Thayer |
|---|---|---|
| Electricity Price | $16.15 | $14.64 |
| Natural Gas Price | $16.59 | $23.25 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Loves park vs Thayer
- Electricity costs are higher in Loves park at $16.15 per kWh, compared to $14.64 in Thayer.
- Thayer experiences higher natural gas costs at $23.25 per unit, with costs at $16.59 in Loves park.
- Utility expenses are equal in both Loves park and Thayer averaging $250.