Cost of Living: Peoria, IL vs Kingman, AZ

Housing

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

Metric Peoria Kingman
Housing Index 85.0 90.0
Median Home Price $194,000 $265,000
Average Rent (2 BR Apartment) $900 $1200
Average Rent (2 BR House) $920 $1360

Housing Comparison: Peoria vs Kingman

  • The median home price in Kingman is higher at $265,000, compared to $194,000 in Peoria.
  • Renting a two-bedroom apartment costs more in Peoria at $900 than in Kingman 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 Peoria Kingman
Electricity Price $16.15 $15.14
Natural Gas Price $16.59 $23.51
Other Utilities $250 $250

Utilities Comparison: Peoria vs Kingman

  • Electricity costs are higher in Peoria at $16.15 per kWh, compared to $15.14 in Kingman.
  • Kingman experiences higher natural gas costs at $23.51 per unit, with costs at $16.59 in Peoria.
  • Utility expenses are equal in both Peoria and Kingman averaging $250.