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.