Cost of Living: Woodstock, IL vs Covington, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Woodstock | Covington |
|---|---|---|
| Housing Index | 85.0 | 115.0 |
| Median Home Price | $265,000 | $215,000 |
| Average Rent (2 BR Apartment) | $1300 | $1200 |
| Average Rent (2 BR House) | $1365 | $1250 |
Housing Comparison: Woodstock vs Covington
- In Woodstock, the median home price is higher at $265,000, while in Covington it is $215,000.
- Renting a two-bedroom apartment costs more in Woodstock at $1,300 than in Covington 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 | Woodstock | Covington |
|---|---|---|
| Electricity Price | $16.15 | $12.87 |
| Natural Gas Price | $16.59 | $22.78 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Woodstock vs Covington
- Electricity costs are higher in Woodstock at $16.15 per kWh, compared to $12.87 in Covington.
- Covington experiences higher natural gas costs at $22.78 per unit, with costs at $16.59 in Woodstock.
- Utility expenses are equal in both Woodstock and Covington averaging $250.