Cost of Living: Springfield, MA vs Hinsdale, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Springfield | Hinsdale |
|---|---|---|
| Housing Index | 120.0 | 115.0 |
| Median Home Price | $287,000 | $633,000 |
| Average Rent (2 BR Apartment) | $1800 | $2300 |
| Average Rent (2 BR House) | $1840 | $2400 |
Housing Comparison: Springfield vs Hinsdale
- The median home price in Hinsdale is higher at $633,000, compared to $287,000 in Springfield.
- In Hinsdale, the rental for a two-bedroom apartment stands at $2,300, while it is $1,800 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 | Hinsdale |
|---|---|---|
| Electricity Price | $28.15 | $16.15 |
| Natural Gas Price | $21.62 | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Springfield vs Hinsdale
- Electricity costs are higher in Springfield at $28.15 per kWh, compared to $16.15 in Hinsdale.
- Natural gas is more expensive in Springfield at $21.62 per unit, while it is cheaper at $16.59 in Hinsdale.
- Utility expenses are equal in both Springfield and Hinsdale averaging $250.