Cost of Living: Riverside, CA vs Montgomery, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Riverside | Montgomery |
|---|---|---|
| Housing Index | 125.5 | 85.0 |
| Median Home Price | $480,000 | $260,000 |
| Average Rent (2 BR Apartment) | $2300 | $1200 |
| Average Rent (2 BR House) | $2400 | $1245 |
Housing Comparison: Riverside vs Montgomery
- In Riverside, the median home price is higher at $480,000, while in Montgomery it is $260,000.
- Renting a two-bedroom apartment costs more in Riverside at $2,300 than in Montgomery at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Riverside | Montgomery |
|---|---|---|
| Electricity Price | $32.99 | $16.15 |
| Natural Gas Price | $16.99 | $16.59 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Riverside vs Montgomery
- Electricity costs are higher in Riverside at $32.99 per kWh, compared to $16.15 in Montgomery.
- Natural gas is more expensive in Riverside at $16.99 per unit, while it is cheaper at $16.59 in Montgomery.
- Other utility costs are higher in Riverside at an average of $250, compared to Montgomery with $200.