Cost of Living: Lake zurich, IL vs Siloam springs, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lake zurich | Siloam springs |
|---|---|---|
| Housing Index | 115.0 | 85.0 |
| Median Home Price | $437,200 | $245,000 |
| Average Rent (2 BR Apartment) | $1800 | $800 |
| Average Rent (2 BR House) | $1900 | $850 |
Housing Comparison: Lake zurich vs Siloam springs
- In Lake zurich, the median home price is higher at $437,200, while in Siloam springs it is $245,000.
- In Siloam springs, the rental for a two-bedroom apartment stands at $800, while it is $1,800 in Lake zurich.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lake zurich | Siloam springs |
|---|---|---|
| Electricity Price | $16.15 | $12.36 |
| Natural Gas Price | $16.59 | $17.08 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Lake zurich vs Siloam springs
- Electricity costs are higher in Lake zurich at $16.15 per kWh, compared to $12.36 in Siloam springs.
- Siloam springs experiences higher natural gas costs at $17.08 per unit, with costs at $16.59 in Lake zurich.
- Other utility costs are higher in Lake zurich at an average of $250, compared to Siloam springs with $200.