Cost of Living: Peoria, IL vs North beach, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Peoria | North beach |
|---|---|---|
| Housing Index | 85.0 | 120.0 |
| Median Home Price | $194,000 | $400,000 |
| Average Rent (2 BR Apartment) | $900 | $1700 |
| Average Rent (2 BR House) | $920 | $1760 |
Housing Comparison: Peoria vs North beach
- The median home price in North beach is higher at $400,000, compared to $194,000 in Peoria.
- Renting a two-bedroom apartment costs more in Peoria at $900 than in North beach at $1,700.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Peoria | North beach |
|---|---|---|
| Electricity Price | $16.15 | $17.41 |
| Natural Gas Price | $16.59 | $18.44 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Peoria vs North beach
- North beach has higher electricity costs at $17.41 per kWh, versus $16.15 in Peoria.
- North beach experiences higher natural gas costs at $18.44 per unit, with costs at $16.59 in Peoria.
- Utility expenses are equal in both Peoria and North beach averaging $250.