Cost of Living: Vicksburg, MS vs Elgin, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Vicksburg | Elgin |
|---|---|---|
| Housing Index | 85.0 | 115.0 |
| Median Home Price | $150,000 | $292,000 |
| Average Rent (2 BR Apartment) | $1200 | $1600 |
| Average Rent (2 BR House) | $1360 | $1650 |
Housing Comparison: Vicksburg vs Elgin
- The median home price in Elgin is higher at $292,000, compared to $150,000 in Vicksburg.
- In Elgin, the rental for a two-bedroom apartment stands at $1,600, while it is $1,200 in Vicksburg.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Vicksburg | Elgin |
|---|---|---|
| Electricity Price | $13.42 | $16.15 |
| Natural Gas Price | $22.19 | $16.59 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Vicksburg vs Elgin
- Elgin has higher electricity costs at $16.15 per kWh, versus $13.42 in Vicksburg.
- Natural gas is more expensive in Vicksburg at $22.19 per unit, while it is cheaper at $16.59 in Elgin.
- Elgin has higher utility expenses, averaging $250, while Vicksburg averages $200.