Cost of Living: Belvidere, IL vs Newnan, GA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Belvidere | Newnan |
|---|---|---|
| Housing Index | 101.8 | 94.5 |
| Median Home Price | $212,000 | $363,000 |
| Average Rent (2 BR Apartment) | $1707 | $1557 |
| Average Rent (2 BR House) | $1855 | $1692 |
Housing Comparison: Belvidere vs Newnan
- The median home price in Newnan is higher at $363,000, compared to $212,000 in Belvidere.
- Renting a two-bedroom apartment costs more in Belvidere at $1,707 than in Newnan at $1,557.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Belvidere | Newnan |
|---|---|---|
| Electricity Price | $16.15 | $15.53 |
| Natural Gas Price | $16.59 | $27.53 |
| Other Utilities | $244 | $226 |
Utilities Comparison: Belvidere vs Newnan
- Electricity costs are higher in Belvidere at $16.15 per kWh, compared to $15.53 in Newnan.
- Newnan experiences higher natural gas costs at $27.53 per unit, with costs at $16.59 in Belvidere.
- Other utility costs are higher in Belvidere at an average of $244, compared to Newnan with $226.