Cost of Living: Albany, NY vs Kankakee, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Albany | Kankakee |
|---|---|---|
| Housing Index | 120.0 | 90.0 |
| Median Home Price | $282,000 | $142,000 |
| Average Rent (2 BR Apartment) | $2200 | $1200 |
| Average Rent (2 BR House) | $2496 | $1360 |
Housing Comparison: Albany vs Kankakee
- In Albany, the median home price is higher at $282,000, while in Kankakee it is $142,000.
- Renting a two-bedroom apartment costs more in Albany at $2,200 than in Kankakee 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 | Albany | Kankakee |
|---|---|---|
| Electricity Price | $26.08 | $16.15 |
| Natural Gas Price | $18.13 | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Albany vs Kankakee
- Electricity costs are higher in Albany at $26.08 per kWh, compared to $16.15 in Kankakee.
- Natural gas is more expensive in Albany at $18.13 per unit, while it is cheaper at $16.59 in Kankakee.
- Utility expenses are equal in both Albany and Kankakee averaging $250.