Cost of Living: Portsmouth, NH vs Addison, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Portsmouth | Addison |
|---|---|---|
| Housing Index | 120.8 | 115.0 |
| Median Home Price | $425,000 | $315,000 |
| Average Rent (2 BR Apartment) | $2200 | $1800 |
| Average Rent (2 BR House) | $2272 | $1840 |
Housing Comparison: Portsmouth vs Addison
- In Portsmouth, the median home price is higher at $425,000, while in Addison it is $315,000.
- Renting a two-bedroom apartment costs more in Portsmouth at $2,200 than in Addison at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Portsmouth | Addison |
|---|---|---|
| Electricity Price | $22.44 | $16.15 |
| Natural Gas Price | $17.58 | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Portsmouth vs Addison
- Electricity costs are higher in Portsmouth at $22.44 per kWh, compared to $16.15 in Addison.
- Natural gas is more expensive in Portsmouth at $17.58 per unit, while it is cheaper at $16.59 in Addison.
- Utility expenses are equal in both Portsmouth and Addison averaging $250.