Cost of Living: Rockford, IL vs Cypress inn, TN

Housing

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

Metric Rockford Cypress inn
Housing Index 85.0 90.0
Median Home Price $156,000 $140,000
Average Rent (2 BR Apartment) $1200 $1200
Average Rent (2 BR House) $1360 $1300

Housing Comparison: Rockford vs Cypress inn

  • In Rockford, the median home price is higher at $156,000, while in Cypress inn it is $140,000.
  • The rent for a two-bedroom apartment is equal in both Rockford and Cypress inn 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 Rockford Cypress inn
Electricity Price $16.15 $12.57
Natural Gas Price $16.59 $12.35
Other Utilities $250 $250

Utilities Comparison: Rockford vs Cypress inn

  • Electricity costs are higher in Rockford at $16.15 per kWh, compared to $12.57 in Cypress inn.
  • Natural gas is more expensive in Rockford at $16.59 per unit, while it is cheaper at $12.35 in Cypress inn.
  • Utility expenses are equal in both Rockford and Cypress inn averaging $250.