Cost of Living: Greenwood, IN vs Loves park, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Greenwood | Loves park |
|---|---|---|
| Housing Index | 85.0 | 101.8 |
| Median Home Price | $287,500 | $213,000 |
| Average Rent (2 BR Apartment) | $1630 | $1441 |
| Average Rent (2 BR House) | $1772 | $1566 |
Housing Comparison: Greenwood vs Loves park
- In Greenwood, the median home price is higher at $287,500, while in Loves park it is $213,000.
- Renting a two-bedroom apartment costs more in Greenwood at $1,630 than in Loves park at $1,441.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Greenwood | Loves park |
|---|---|---|
| Electricity Price | $14.89 | $16.15 |
| Natural Gas Price | $Data is updating | $16.59 |
| Other Utilities | $250 | $244 |
Utilities Comparison: Greenwood vs Loves park
- Loves park has higher electricity costs at $16.15 per kWh, versus $14.89 in Greenwood.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Greenwood at an average of $250, compared to Loves park with $244.