Cost of Living: Ada, OK vs Loves park, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ada | Loves park |
|---|---|---|
| Housing Index | 78.0 | 80.0 |
| Median Home Price | $136,000 | $213,000 |
| Average Rent (2 BR Apartment) | $950 | $1200 |
| Average Rent (2 BR House) | $1025 | $1600 |
Housing Comparison: Ada vs Loves park
- The median home price in Loves park is higher at $213,000, compared to $136,000 in Ada.
- Renting a two-bedroom apartment costs more in Ada at $950 than in Loves park at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Ada | Loves park |
|---|---|---|
| Electricity Price | $12.37 | $16.15 |
| Natural Gas Price | $20.27 | $16.59 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Ada vs Loves park
- Loves park has higher electricity costs at $16.15 per kWh, versus $12.37 in Ada.
- Natural gas is more expensive in Ada at $20.27 per unit, while it is cheaper at $16.59 in Loves park.
- Loves park has higher utility expenses, averaging $250, while Ada averages $200.