Cost of Living: Taylor, MI vs Belvidere, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Taylor | Belvidere |
|---|---|---|
| Housing Index | 95.0 | 90.0 |
| Median Home Price | $200,000 | $212,000 |
| Average Rent (2 BR Apartment) | $1400 | $1200 |
| Average Rent (2 BR House) | $1445 | $1235 |
Housing Comparison: Taylor vs Belvidere
- The median home price in Belvidere is higher at $212,000, compared to $200,000 in Taylor.
- Renting a two-bedroom apartment costs more in Taylor at $1,400 than in Belvidere 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 | Taylor | Belvidere |
|---|---|---|
| Electricity Price | $19.88 | $16.15 |
| Natural Gas Price | $15.42 | $16.59 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Taylor vs Belvidere
- Electricity costs are higher in Taylor at $19.88 per kWh, compared to $16.15 in Belvidere.
- Belvidere experiences higher natural gas costs at $16.59 per unit, with costs at $15.42 in Taylor.
- Other utility costs are higher in Taylor at an average of $250, compared to Belvidere with $200.