Cost of Living: Highland park, IL vs Paramount, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Highland park | Paramount |
|---|---|---|
| Housing Index | 135.8 | Data is updating |
| Median Home Price | $607,500 | $589,000 |
| Average Rent (2 BR Apartment) | $2300 | $Data is updating |
| Average Rent (2 BR House) | $2430 | $Data is updating |
Housing Comparison: Highland park vs Paramount
- In Highland park, the median home price is higher at $607,500, while in Paramount it is $589,000.
- The rent for a two-bedroom apartment is equal in both Highland park and Paramount at $2,300.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Highland park | Paramount |
|---|---|---|
| Electricity Price | $16.15 | $32.99 |
| Natural Gas Price | $16.59 | $16.99 |
| Other Utilities | $290 | $Data is updating |
Utilities Comparison: Highland park vs Paramount
- Paramount has higher electricity costs at $32.99 per kWh, versus $16.15 in Highland park.
- Paramount experiences higher natural gas costs at $16.99 per unit, with costs at $16.59 in Highland park.
- Utility expenses are equal in both Highland park and Paramount averaging $290.