Cost of Living: Princeton, IL vs Forrest city, AR

Housing

The housing market plays a significant role in determining the cost of living.

Metric Princeton Forrest city
Housing Index 90.0 75.0
Median Home Price $100,000 $105,000
Average Rent (2 BR Apartment) $1080 $800
Average Rent (2 BR House) $1024 $850

Housing Comparison: Princeton vs Forrest city

  • The median home price in Forrest city is higher at $105,000, compared to $100,000 in Princeton.
  • In Forrest city, the rental for a two-bedroom apartment stands at $800, while it is $1,080 in Princeton.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Princeton Forrest city
Electricity Price $16.15 $12.36
Natural Gas Price $16.59 $17.08
Other Utilities $200 $200

Utilities Comparison: Princeton vs Forrest city

  • Electricity costs are higher in Princeton at $16.15 per kWh, compared to $12.36 in Forrest city.
  • Forrest city experiences higher natural gas costs at $17.08 per unit, with costs at $16.59 in Princeton.
  • Utility expenses are equal in both Princeton and Forrest city averaging $200.