Cost of Living: Oak grove, KY vs Peoria, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Oak grove | Peoria |
|---|---|---|
| Housing Index | 90.2 | 85.0 |
| Median Home Price | $182,000 | $194,000 |
| Average Rent (2 BR Apartment) | $1200 | $900 |
| Average Rent (2 BR House) | $1280 | $920 |
Housing Comparison: Oak grove vs Peoria
- The median home price in Peoria is higher at $194,000, compared to $182,000 in Oak grove.
- In Peoria, the rental for a two-bedroom apartment stands at $900, while it is $1,200 in Oak grove.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Oak grove | Peoria |
|---|---|---|
| Electricity Price | $12.87 | $16.15 |
| Natural Gas Price | $22.78 | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Oak grove vs Peoria
- Peoria has higher electricity costs at $16.15 per kWh, versus $12.87 in Oak grove.
- Natural gas is more expensive in Oak grove at $22.78 per unit, while it is cheaper at $16.59 in Peoria.
- Utility expenses are equal in both Oak grove and Peoria averaging $250.