Cost of Living: Warrensburg, MO vs Elgin, IL

Housing

The housing market plays a significant role in determining the cost of living.

Metric Warrensburg Elgin
Housing Index 90.0 115.0
Median Home Price $239,000 $292,000
Average Rent (2 BR Apartment) $1400 $1600
Average Rent (2 BR House) $1440 $1650

Housing Comparison: Warrensburg vs Elgin

  • The median home price in Elgin is higher at $292,000, compared to $239,000 in Warrensburg.
  • In Elgin, the rental for a two-bedroom apartment stands at $1,600, while it is $1,400 in Warrensburg.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Warrensburg Elgin
Electricity Price $14.64 $16.15
Natural Gas Price $23.25 $16.59
Other Utilities $250 $250

Utilities Comparison: Warrensburg vs Elgin

  • Elgin has higher electricity costs at $16.15 per kWh, versus $14.64 in Warrensburg.
  • Natural gas is more expensive in Warrensburg at $23.25 per unit, while it is cheaper at $16.59 in Elgin.
  • Utility expenses are equal in both Warrensburg and Elgin averaging $250.