Cost of Living: Shumway, IL vs New york, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Shumway | New york |
|---|---|---|
| Housing Index | 90.0 | 125.0 |
| Median Home Price | $173,000 | $800,000 |
| Average Rent (2 BR Apartment) | $850 | $2800 |
| Average Rent (2 BR House) | $880 | $2880 |
Housing Comparison: Shumway vs New york
- The median home price in New york is higher at $800,000, compared to $173,000 in Shumway.
- Renting a two-bedroom apartment costs more in Shumway at $850 than in New york at $2,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Shumway | New york |
|---|---|---|
| Electricity Price | $16.15 | $26.08 |
| Natural Gas Price | $16.59 | $18.13 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Shumway vs New york
- New york has higher electricity costs at $26.08 per kWh, versus $16.15 in Shumway.
- New york experiences higher natural gas costs at $18.13 per unit, with costs at $16.59 in Shumway.
- New york has higher utility expenses, averaging $250, while Shumway averages $200.