Cost of Living: Addison, IL vs Olcott, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Addison | Olcott |
|---|---|---|
| Housing Index | 115.0 | Data is updating |
| Median Home Price | $315,000 | $375,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1840 | $Data is updating |
Housing Comparison: Addison vs Olcott
- The median home price in Olcott is higher at $375,000, compared to $315,000 in Addison.
- The rent for a two-bedroom apartment is equal in both Addison and Olcott at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Addison | Olcott |
|---|---|---|
| Electricity Price | $16.15 | $26.08 |
| Natural Gas Price | $16.59 | $18.13 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Addison vs Olcott
- Olcott has higher electricity costs at $26.08 per kWh, versus $16.15 in Addison.
- Olcott experiences higher natural gas costs at $18.13 per unit, with costs at $16.59 in Addison.
- Utility expenses are equal in both Addison and Olcott averaging $250.