Cost of Living: Niles, OH vs Rockford, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Niles | Rockford |
|---|---|---|
| Housing Index | 88.5 | 85.0 |
| Median Home Price | $131,000 | $156,000 |
| Average Rent (2 BR Apartment) | $820 | $1200 |
| Average Rent (2 BR House) | $872 | $1360 |
Housing Comparison: Niles vs Rockford
- The median home price in Rockford is higher at $156,000, compared to $131,000 in Niles.
- Renting a two-bedroom apartment costs more in Niles at $820 than in Rockford 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 | Niles | Rockford |
|---|---|---|
| Electricity Price | $15.92 | $16.15 |
| Natural Gas Price | $Data is updating | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Niles vs Rockford
- Rockford has higher electricity costs at $16.15 per kWh, versus $15.92 in Niles.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Niles and Rockford averaging $250.