Cost of Living: Peoria, IL vs Hammonton, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Peoria | Hammonton |
|---|---|---|
| Housing Index | 85.0 | 110.0 |
| Median Home Price | $194,000 | $350,000 |
| Average Rent (2 BR Apartment) | $900 | $1600 |
| Average Rent (2 BR House) | $920 | $1640 |
Housing Comparison: Peoria vs Hammonton
- The median home price in Hammonton is higher at $350,000, compared to $194,000 in Peoria.
- Renting a two-bedroom apartment costs more in Peoria at $900 than in Hammonton at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Peoria | Hammonton |
|---|---|---|
| Electricity Price | $16.15 | $19.88 |
| Natural Gas Price | $16.59 | $14.01 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Peoria vs Hammonton
- Hammonton has higher electricity costs at $19.88 per kWh, versus $16.15 in Peoria.
- Natural gas is more expensive in Peoria at $16.59 per unit, while it is cheaper at $14.01 in Hammonton.
- Utility expenses are equal in both Peoria and Hammonton averaging $250.