Cost of Living: Phenix city, AL vs Elgin, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Phenix city | Elgin |
|---|---|---|
| Housing Index | 90.0 | 115.0 |
| Median Home Price | $205,000 | $292,000 |
| Average Rent (2 BR Apartment) | $950 | $1600 |
| Average Rent (2 BR House) | $960 | $1650 |
Housing Comparison: Phenix city vs Elgin
- The median home price in Elgin is higher at $292,000, compared to $205,000 in Phenix city.
- Renting a two-bedroom apartment costs more in Phenix city at $950 than in Elgin 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 | Phenix city | Elgin |
|---|---|---|
| Electricity Price | $15.03 | $16.15 |
| Natural Gas Price | $21.76 | $16.59 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Phenix city vs Elgin
- Elgin has higher electricity costs at $16.15 per kWh, versus $15.03 in Phenix city.
- Natural gas is more expensive in Phenix city at $21.76 per unit, while it is cheaper at $16.59 in Elgin.
- Elgin has higher utility expenses, averaging $250, while Phenix city averages $200.