Cost of Living: Stockbridge, GA vs Elgin, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Stockbridge | Elgin |
|---|---|---|
| Housing Index | 115.0 | 115.0 |
| Median Home Price | $317,000 | $292,000 |
| Average Rent (2 BR Apartment) | $1500 | $1600 |
| Average Rent (2 BR House) | $1600 | $1650 |
Housing Comparison: Stockbridge vs Elgin
- In Stockbridge, the median home price is higher at $317,000, while in Elgin it is $292,000.
- In Elgin, the rental for a two-bedroom apartment stands at $1,600, while it is $1,500 in Stockbridge.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Stockbridge | Elgin |
|---|---|---|
| Electricity Price | $15.53 | $16.15 |
| Natural Gas Price | $27.53 | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Stockbridge vs Elgin
- Elgin has higher electricity costs at $16.15 per kWh, versus $15.53 in Stockbridge.
- Natural gas is more expensive in Stockbridge at $27.53 per unit, while it is cheaper at $16.59 in Elgin.
- Utility expenses are equal in both Stockbridge and Elgin averaging $250.