Cost of Living: Oak grove, KY vs Peoria, IL

Housing

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

Metric Oak grove Peoria
Housing Index 100 85.0
Median Home Price $182,000 $194,000
Average Rent (2 BR Apartment) $1129 $846
Average Rent (2 BR House) $1227 $920

Housing Comparison: Oak grove vs Peoria

  • The median home price in Peoria is higher at $194,000, compared to $182,000 in Oak grove.
  • In Peoria, the rental for a two-bedroom apartment stands at $846, while it is $1,129 in Oak grove.

Utilities

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

Metric Oak grove Peoria
Electricity Price $12.87 $16.15
Natural Gas Price $22.78 $16.59
Other Utilities $225 $250

Utilities Comparison: Oak grove vs Peoria

  • Peoria has higher electricity costs at $16.15 per kWh, versus $12.87 in Oak grove.
  • Natural gas is more expensive in Oak grove at $22.78 per unit, while it is cheaper at $16.59 in Peoria.
  • Peoria has higher utility expenses, averaging $250, while Oak grove averages $225.