Cost of Living: Omaha, NE vs Highland, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Omaha | Highland |
|---|---|---|
| Housing Index | 92.0 | 95.0 |
| Median Home Price | $305,000 | $238,000 |
| Average Rent (2 BR Apartment) | $1100 | $1200 |
| Average Rent (2 BR House) | $1200 | $1250 |
Housing Comparison: Omaha vs Highland
- In Omaha, the median home price is higher at $305,000, while in Highland it is $238,000.
- In Highland, the rental for a two-bedroom apartment stands at $1,200, while it is $1,100 in Omaha.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Omaha | Highland |
|---|---|---|
| Electricity Price | $12.92 | $16.15 |
| Natural Gas Price | $13.89 | $16.59 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Omaha vs Highland
- Highland has higher electricity costs at $16.15 per kWh, versus $12.92 in Omaha.
- Highland experiences higher natural gas costs at $16.59 per unit, with costs at $13.89 in Omaha.
- Highland has higher utility expenses, averaging $250, while Omaha averages $200.