Cost of Living: Addison, IL vs Las vegas, NV
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Addison | Las vegas |
|---|---|---|
| Housing Index | 115.0 | 110.5 |
| Median Home Price | $315,000 | $462,500 |
| Average Rent (2 BR Apartment) | $1800 | $1600 |
| Average Rent (2 BR House) | $1840 | $1640 |
Housing Comparison: Addison vs Las vegas
- The median home price in Las vegas is higher at $462,500, compared to $315,000 in Addison.
- Renting a two-bedroom apartment costs more in Addison at $1,800 than in Las vegas at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Addison | Las vegas |
|---|---|---|
| Electricity Price | $16.15 | $15.5 |
| Natural Gas Price | $16.59 | $20.66 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Addison vs Las vegas
- Electricity costs are higher in Addison at $16.15 per kWh, compared to $15.5 in Las vegas.
- Las vegas experiences higher natural gas costs at $20.66 per unit, with costs at $16.59 in Addison.
- Utility expenses are equal in both Addison and Las vegas averaging $250.