Cost of Living: Springfield, IL vs Troy, OH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Springfield | Troy |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $198,000 | $207,000 |
| Average Rent (2 BR Apartment) | $1200 | $800 |
| Average Rent (2 BR House) | $1300 | $856 |
Housing Comparison: Springfield vs Troy
- The median home price in Troy is higher at $207,000, compared to $198,000 in Springfield.
- In Troy, the rental for a two-bedroom apartment stands at $800, 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 | Troy |
|---|---|---|
| Electricity Price | $16.15 | $15.92 |
| Natural Gas Price | $16.59 | $Data is updating |
| Other Utilities | $250 | $200 |
Utilities Comparison: Springfield vs Troy
- Electricity costs are higher in Springfield at $16.15 per kWh, compared to $15.92 in Troy.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Springfield at an average of $250, compared to Troy with $200.