Cost of Living: Old monroe, MO vs Elgin, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Old monroe | Elgin |
|---|---|---|
| Housing Index | Data is updating | 115.0 |
| Median Home Price | $150,000 | $292,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1600 |
| Average Rent (2 BR House) | $Data is updating | $1650 |
Housing Comparison: Old monroe vs Elgin
- The median home price in Elgin is higher at $292,000, compared to $150,000 in Old monroe.
- The rent for a two-bedroom apartment is equal in both Old monroe and Elgin at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Old monroe | Elgin |
|---|---|---|
| Electricity Price | $14.64 | $16.15 |
| Natural Gas Price | $23.25 | $16.59 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Old monroe vs Elgin
- Elgin has higher electricity costs at $16.15 per kWh, versus $14.64 in Old monroe.
- Natural gas is more expensive in Old monroe at $23.25 per unit, while it is cheaper at $16.59 in Elgin.
- Utility expenses are equal in both Old monroe and Elgin averaging $0.0.