Cost of Living: Princeton, IL vs Rayne, LA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Princeton | Rayne |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $100,000 | $134,000 |
| Average Rent (2 BR Apartment) | $1080 | $1200 |
| Average Rent (2 BR House) | $1024 | $1300 |
Housing Comparison: Princeton vs Rayne
- The median home price in Rayne is higher at $134,000, compared to $100,000 in Princeton.
- In Rayne, the rental for a two-bedroom apartment stands at $1,200, 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 | Rayne |
|---|---|---|
| Electricity Price | $16.15 | $11.42 |
| Natural Gas Price | $16.59 | $19.48 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Princeton vs Rayne
- Electricity costs are higher in Princeton at $16.15 per kWh, compared to $11.42 in Rayne.
- Rayne experiences higher natural gas costs at $19.48 per unit, with costs at $16.59 in Princeton.
- Rayne has higher utility expenses, averaging $250, while Princeton averages $200.