Cost of Living: Covina, CA vs Palatine, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Covina | Palatine |
|---|---|---|
| Housing Index | 120.0 | 110.0 |
| Median Home Price | $641,000 | $316,000 |
| Average Rent (2 BR Apartment) | $2400 | $1800 |
| Average Rent (2 BR House) | $2385 | $1840 |
Housing Comparison: Covina vs Palatine
- In Covina, the median home price is higher at $641,000, while in Palatine it is $316,000.
- Renting a two-bedroom apartment costs more in Covina at $2,400 than in Palatine at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Covina | Palatine |
|---|---|---|
| Electricity Price | $32.99 | $16.15 |
| Natural Gas Price | $16.99 | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Covina vs Palatine
- Electricity costs are higher in Covina at $32.99 per kWh, compared to $16.15 in Palatine.
- Natural gas is more expensive in Covina at $16.99 per unit, while it is cheaper at $16.59 in Palatine.
- Utility expenses are equal in both Covina and Palatine averaging $250.