Cost of Living: Woodstock, IL vs Damariscotta, ME
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Woodstock | Damariscotta |
|---|---|---|
| Housing Index | 85.0 | 120.0 |
| Median Home Price | $265,000 | $318,000 |
| Average Rent (2 BR Apartment) | $1300 | $1600 |
| Average Rent (2 BR House) | $1365 | $1640 |
Housing Comparison: Woodstock vs Damariscotta
- The median home price in Damariscotta is higher at $318,000, compared to $265,000 in Woodstock.
- In Damariscotta, the rental for a two-bedroom apartment stands at $1,600, while it is $1,300 in Woodstock.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Woodstock | Damariscotta |
|---|---|---|
| Electricity Price | $16.15 | $22.26 |
| Natural Gas Price | $16.59 | $21.63 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Woodstock vs Damariscotta
- Damariscotta has higher electricity costs at $22.26 per kWh, versus $16.15 in Woodstock.
- Damariscotta experiences higher natural gas costs at $21.63 per unit, with costs at $16.59 in Woodstock.
- Utility expenses are equal in both Woodstock and Damariscotta averaging $250.