Cost of Living: Springfield, IL vs Westminster, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Springfield | Westminster |
|---|---|---|
| Housing Index | 90.0 | 110.0 |
| Median Home Price | $198,000 | $375,000 |
| Average Rent (2 BR Apartment) | $1200 | $1850 |
| Average Rent (2 BR House) | $1300 | $1920 |
Housing Comparison: Springfield vs Westminster
- The median home price in Westminster is higher at $375,000, compared to $198,000 in Springfield.
- In Westminster, the rental for a two-bedroom apartment stands at $1,850, 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 | Westminster |
|---|---|---|
| Electricity Price | $16.15 | $17.41 |
| Natural Gas Price | $16.59 | $18.44 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Springfield vs Westminster
- Westminster has higher electricity costs at $17.41 per kWh, versus $16.15 in Springfield.
- Westminster experiences higher natural gas costs at $18.44 per unit, with costs at $16.59 in Springfield.
- Utility expenses are equal in both Springfield and Westminster averaging $250.