Cost of Living: Palatine, IL vs Salem, OH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Palatine | Salem |
|---|---|---|
| Housing Index | 110.0 | 85.0 |
| Median Home Price | $316,000 | $100,000 |
| Average Rent (2 BR Apartment) | $1800 | $960 |
| Average Rent (2 BR House) | $1840 | $1024 |
Housing Comparison: Palatine vs Salem
- In Palatine, the median home price is higher at $316,000, while in Salem it is $100,000.
- In Salem, the rental for a two-bedroom apartment stands at $960, while it is $1,800 in Palatine.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Palatine | Salem |
|---|---|---|
| Electricity Price | $16.15 | $15.92 |
| Natural Gas Price | $16.59 | $Data is updating |
| Other Utilities | $250 | $230 |
Utilities Comparison: Palatine vs Salem
- Electricity costs are higher in Palatine at $16.15 per kWh, compared to $15.92 in Salem.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Palatine at an average of $250, compared to Salem with $230.