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.