Cost of Living: Addison, IL vs Saginaw, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Addison | Saginaw |
|---|---|---|
| Housing Index | 115.0 | 75.0 |
| Median Home Price | $315,000 | $108,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1840 | $1000 |
Housing Comparison: Addison vs Saginaw
- In Addison, the median home price is higher at $315,000, while in Saginaw it is $108,000.
- Renting a two-bedroom apartment costs more in Addison at $1,800 than in Saginaw 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 | Addison | Saginaw |
|---|---|---|
| Electricity Price | $16.15 | $19.88 |
| Natural Gas Price | $16.59 | $15.42 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Addison vs Saginaw
- Saginaw has higher electricity costs at $19.88 per kWh, versus $16.15 in Addison.
- Natural gas is more expensive in Addison at $16.59 per unit, while it is cheaper at $15.42 in Saginaw.
- Utility expenses are equal in both Addison and Saginaw averaging $250.