Cost of Living: Rice lake, WI vs Hinsdale, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Rice lake | Hinsdale |
|---|---|---|
| Housing Index | 85.0 | 115.0 |
| Median Home Price | $182,600 | $633,000 |
| Average Rent (2 BR Apartment) | $950 | $2300 |
| Average Rent (2 BR House) | $1000 | $2400 |
Housing Comparison: Rice lake vs Hinsdale
- The median home price in Hinsdale is higher at $633,000, compared to $182,600 in Rice lake.
- Renting a two-bedroom apartment costs more in Rice lake at $950 than in Hinsdale at $2,300.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Rice lake | Hinsdale |
|---|---|---|
| Electricity Price | $17.6 | $16.15 |
| Natural Gas Price | $11.5 | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Rice lake vs Hinsdale
- Electricity costs are higher in Rice lake at $17.6 per kWh, compared to $16.15 in Hinsdale.
- Hinsdale experiences higher natural gas costs at $16.59 per unit, with costs at $11.5 in Rice lake.
- Utility expenses are equal in both Rice lake and Hinsdale averaging $250.