Cost of Living: Peoria, IL vs Lake elsinore, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Peoria | Lake elsinore |
|---|---|---|
| Housing Index | 85.0 | 120.5 |
| Median Home Price | $194,000 | $535,000 |
| Average Rent (2 BR Apartment) | $900 | $2400 |
| Average Rent (2 BR House) | $920 | $2425 |
Housing Comparison: Peoria vs Lake elsinore
- The median home price in Lake elsinore is higher at $535,000, compared to $194,000 in Peoria.
- Renting a two-bedroom apartment costs more in Peoria at $900 than in Lake elsinore at $2,400.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Peoria | Lake elsinore |
|---|---|---|
| Electricity Price | $16.15 | $32.99 |
| Natural Gas Price | $16.59 | $16.99 |
| Other Utilities | $250 | $280 |
Utilities Comparison: Peoria vs Lake elsinore
- Lake elsinore has higher electricity costs at $32.99 per kWh, versus $16.15 in Peoria.
- Lake elsinore experiences higher natural gas costs at $16.99 per unit, with costs at $16.59 in Peoria.
- Lake elsinore has higher utility expenses, averaging $280, while Peoria averages $250.