Cost of Living: Princeton, IL vs Hemet, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Princeton | Hemet |
|---|---|---|
| Housing Index | 90.0 | 120.5 |
| Median Home Price | $100,000 | $600,000 |
| Average Rent (2 BR Apartment) | $1080 | $2100 |
| Average Rent (2 BR House) | $1024 | $2165 |
Housing Comparison: Princeton vs Hemet
- The median home price in Hemet is higher at $600,000, compared to $100,000 in Princeton.
- In Hemet, the rental for a two-bedroom apartment stands at $2,100, 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 | Hemet |
|---|---|---|
| Electricity Price | $16.15 | $32.99 |
| Natural Gas Price | $16.59 | $16.99 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Princeton vs Hemet
- Hemet has higher electricity costs at $32.99 per kWh, versus $16.15 in Princeton.
- Hemet experiences higher natural gas costs at $16.99 per unit, with costs at $16.59 in Princeton.
- Hemet has higher utility expenses, averaging $250, while Princeton averages $200.