Cost of Living: Sterling, IL vs Greenwood, SC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Sterling | Greenwood |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $137,000 | $236,200 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1360 | $1150 |
Housing Comparison: Sterling vs Greenwood
- The median home price in Greenwood is higher at $236,200, compared to $137,000 in Sterling.
- The rent for a two-bedroom apartment is equal in both Sterling and Greenwood 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 | Sterling | Greenwood |
|---|---|---|
| Electricity Price | $16.15 | $14.18 |
| Natural Gas Price | $16.59 | $23.51 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Sterling vs Greenwood
- Electricity costs are higher in Sterling at $16.15 per kWh, compared to $14.18 in Greenwood.
- Greenwood experiences higher natural gas costs at $23.51 per unit, with costs at $16.59 in Sterling.
- Other utility costs are higher in Sterling at an average of $250, compared to Greenwood with $200.