Cost of Living: Peoria, IL vs Lake city, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Peoria | Lake city |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $194,000 | $262,000 |
| Average Rent (2 BR Apartment) | $900 | $1200 |
| Average Rent (2 BR House) | $920 | $1360 |
Housing Comparison: Peoria vs Lake city
- The median home price in Lake city is higher at $262,000, compared to $194,000 in Peoria.
- Renting a two-bedroom apartment costs more in Peoria at $900 than in Lake city 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 | Lake city |
|---|---|---|
| Electricity Price | $16.15 | $13.89 |
| Natural Gas Price | $16.59 | $26.13 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Peoria vs Lake city
- Electricity costs are higher in Peoria at $16.15 per kWh, compared to $13.89 in Lake city.
- Lake city experiences higher natural gas costs at $26.13 per unit, with costs at $16.59 in Peoria.
- Other utility costs are higher in Peoria at an average of $250, compared to Lake city with $200.