Cost of Living: Springfield, IL vs Oak grove, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Springfield | Oak grove |
|---|---|---|
| Housing Index | 90.0 | 90.2 |
| Median Home Price | $198,000 | $182,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1300 | $1280 |
Housing Comparison: Springfield vs Oak grove
- In Springfield, the median home price is higher at $198,000, while in Oak grove it is $182,000.
- The rent for a two-bedroom apartment is equal in both Springfield and Oak grove 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 | Springfield | Oak grove |
|---|---|---|
| Electricity Price | $16.15 | $12.87 |
| Natural Gas Price | $16.59 | $22.78 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Springfield vs Oak grove
- Electricity costs are higher in Springfield at $16.15 per kWh, compared to $12.87 in Oak grove.
- Oak grove experiences higher natural gas costs at $22.78 per unit, with costs at $16.59 in Springfield.
- Utility expenses are equal in both Springfield and Oak grove averaging $250.