Cost of Living: Park forest, IL vs Torrance, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Park forest | Torrance |
|---|---|---|
| Housing Index | 90.0 | 135.0 |
| Median Home Price | $233,000 | $1,030,000 |
| Average Rent (2 BR Apartment) | $1200 | $2800 |
| Average Rent (2 BR House) | $1280 | $2850 |
Housing Comparison: Park forest vs Torrance
- The median home price in Torrance is higher at $1,030,000, compared to $233,000 in Park forest.
- In Torrance, the rental for a two-bedroom apartment stands at $2,800, while it is $1,200 in Park forest.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Park forest | Torrance |
|---|---|---|
| Electricity Price | $16.15 | $32.99 |
| Natural Gas Price | $16.59 | $16.99 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Park forest vs Torrance
- Torrance has higher electricity costs at $32.99 per kWh, versus $16.15 in Park forest.
- Torrance experiences higher natural gas costs at $16.99 per unit, with costs at $16.59 in Park forest.
- Torrance has higher utility expenses, averaging $250, while Park forest averages $200.