Cost of Living: Ravenswood, WV vs Chicago, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ravenswood | Chicago |
|---|---|---|
| Housing Index | 90.0 | 110.0 |
| Median Home Price | $110,000 | $310,000 |
| Average Rent (2 BR Apartment) | $800 | $2200 |
| Average Rent (2 BR House) | $848 | $2250 |
Housing Comparison: Ravenswood vs Chicago
- The median home price in Chicago is higher at $310,000, compared to $110,000 in Ravenswood.
- Renting a two-bedroom apartment costs more in Ravenswood at $800 than in Chicago at $2,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Ravenswood | Chicago |
|---|---|---|
| Electricity Price | $15.48 | $16.15 |
| Natural Gas Price | $23.05 | $16.59 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Ravenswood vs Chicago
- Chicago has higher electricity costs at $16.15 per kWh, versus $15.48 in Ravenswood.
- Natural gas is more expensive in Ravenswood at $23.05 per unit, while it is cheaper at $16.59 in Chicago.
- Chicago has higher utility expenses, averaging $250, while Ravenswood averages $200.