Cost of Living: Albany, OR vs Highland park, IL

Housing

The housing market plays a significant role in determining the cost of living.

Metric Albany Highland park
Housing Index 98.0 135.8
Median Home Price $315,000 $607,500
Average Rent (2 BR Apartment) $1400 $2300
Average Rent (2 BR House) $1440 $2430

Housing Comparison: Albany vs Highland park

  • The median home price in Highland park is higher at $607,500, compared to $315,000 in Albany.
  • In Highland park, the rental for a two-bedroom apartment stands at $2,300, while it is $1,400 in Albany.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Albany Highland park
Electricity Price $15.12 $16.15
Natural Gas Price $16.5 $16.59
Other Utilities $250 $290

Utilities Comparison: Albany vs Highland park

  • Highland park has higher electricity costs at $16.15 per kWh, versus $15.12 in Albany.
  • Highland park experiences higher natural gas costs at $16.59 per unit, with costs at $16.5 in Albany.
  • Highland park has higher utility expenses, averaging $290, while Albany averages $250.