Cost of Living: Palatine, IL vs London, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Palatine | London |
|---|---|---|
| Housing Index | 110.0 | Data is updating |
| Median Home Price | $316,000 | $197,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1840 | $Data is updating |
Housing Comparison: Palatine vs London
- In Palatine, the median home price is higher at $316,000, while in London it is $197,000.
- The rent for a two-bedroom apartment is equal in both Palatine and London 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 | Palatine | London |
|---|---|---|
| Electricity Price | $16.15 | $12.87 |
| Natural Gas Price | $16.59 | $22.78 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Palatine vs London
- Electricity costs are higher in Palatine at $16.15 per kWh, compared to $12.87 in London.
- London experiences higher natural gas costs at $22.78 per unit, with costs at $16.59 in Palatine.
- Utility expenses are equal in both Palatine and London averaging $250.