Cost of Living: Ann arbor, MI vs Oak lawn, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ann arbor | Oak lawn |
|---|---|---|
| Housing Index | 115.0 | 95.0 |
| Median Home Price | $303,000 | $215,000 |
| Average Rent (2 BR Apartment) | $1800 | $1500 |
| Average Rent (2 BR House) | $1900 | $1600 |
Housing Comparison: Ann arbor vs Oak lawn
- In Ann arbor, the median home price is higher at $303,000, while in Oak lawn it is $215,000.
- Renting a two-bedroom apartment costs more in Ann arbor at $1,800 than in Oak lawn at $1,500.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Ann arbor | Oak lawn |
|---|---|---|
| Electricity Price | $19.88 | $16.15 |
| Natural Gas Price | $15.42 | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Ann arbor vs Oak lawn
- Electricity costs are higher in Ann arbor at $19.88 per kWh, compared to $16.15 in Oak lawn.
- Oak lawn experiences higher natural gas costs at $16.59 per unit, with costs at $15.42 in Ann arbor.
- Utility expenses are equal in both Ann arbor and Oak lawn averaging $250.