Cost of Living: Springfield, IL vs Graham, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Springfield | Graham |
|---|---|---|
| Housing Index | 90.0 | 88.0 |
| Median Home Price | $198,000 | $265,000 |
| Average Rent (2 BR Apartment) | $1200 | $1700 |
| Average Rent (2 BR House) | $1300 | $1600 |
Housing Comparison: Springfield vs Graham
- The median home price in Graham is higher at $265,000, compared to $198,000 in Springfield.
- In Graham, the rental for a two-bedroom apartment stands at $1,700, while it is $1,200 in Springfield.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Springfield | Graham |
|---|---|---|
| Electricity Price | $16.15 | $13.72 |
| Natural Gas Price | $16.59 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Springfield vs Graham
- Electricity costs are higher in Springfield at $16.15 per kWh, compared to $13.72 in Graham.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Springfield and Graham averaging $250.