Cost of Living: Rockford, IL vs Sewell, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Rockford | Sewell |
|---|---|---|
| Housing Index | 85.0 | 120.5 |
| Median Home Price | $156,000 | $325,000 |
| Average Rent (2 BR Apartment) | $1200 | $2100 |
| Average Rent (2 BR House) | $1360 | $2150 |
Housing Comparison: Rockford vs Sewell
- The median home price in Sewell is higher at $325,000, compared to $156,000 in Rockford.
- In Sewell, the rental for a two-bedroom apartment stands at $2,100, while it is $1,200 in Rockford.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Rockford | Sewell |
|---|---|---|
| Electricity Price | $16.15 | $19.88 |
| Natural Gas Price | $16.59 | $14.01 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Rockford vs Sewell
- Sewell has higher electricity costs at $19.88 per kWh, versus $16.15 in Rockford.
- Natural gas is more expensive in Rockford at $16.59 per unit, while it is cheaper at $14.01 in Sewell.
- Utility expenses are equal in both Rockford and Sewell averaging $250.