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.