Cost of Living: Fleming island, FL vs Palatine, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Fleming island | Palatine |
|---|---|---|
| Housing Index | 115.5 | 110.0 |
| Median Home Price | $407,000 | $316,000 |
| Average Rent (2 BR Apartment) | $1800 | $1800 |
| Average Rent (2 BR House) | $2000 | $1840 |
Housing Comparison: Fleming island vs Palatine
- In Fleming island, the median home price is higher at $407,000, while in Palatine it is $316,000.
- The rent for a two-bedroom apartment is equal in both Fleming island and 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 | Fleming island | Palatine |
|---|---|---|
| Electricity Price | $13.89 | $16.15 |
| Natural Gas Price | $26.13 | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Fleming island vs Palatine
- Palatine has higher electricity costs at $16.15 per kWh, versus $13.89 in Fleming island.
- Natural gas is more expensive in Fleming island at $26.13 per unit, while it is cheaper at $16.59 in Palatine.
- Utility expenses are equal in both Fleming island and Palatine averaging $250.