Cost of Living: Parker, SD vs Peoria, IL

Housing

The housing market plays a significant role in determining the cost of living.

Metric Parker Peoria
Housing Index 85.0 85.0
Median Home Price $185,000 $194,000
Average Rent (2 BR Apartment) $1200 $900
Average Rent (2 BR House) $1360 $920

Housing Comparison: Parker vs Peoria

  • The median home price in Peoria is higher at $194,000, compared to $185,000 in Parker.
  • In Peoria, the rental for a two-bedroom apartment stands at $900, while it is $1,200 in Parker.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Parker Peoria
Electricity Price $14.15 $16.15
Natural Gas Price $10.63 $16.59
Other Utilities $250 $250

Utilities Comparison: Parker vs Peoria

  • Peoria has higher electricity costs at $16.15 per kWh, versus $14.15 in Parker.
  • Peoria experiences higher natural gas costs at $16.59 per unit, with costs at $10.63 in Parker.
  • Utility expenses are equal in both Parker and Peoria averaging $250.