Cost of Living: Bessemer, AL vs Oak lawn, IL

Housing

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

Metric Bessemer Oak lawn
Housing Index 85.0 95.0
Median Home Price $162,000 $215,000
Average Rent (2 BR Apartment) $1080 $1500
Average Rent (2 BR House) $1105 $1600

Housing Comparison: Bessemer vs Oak lawn

  • The median home price in Oak lawn is higher at $215,000, compared to $162,000 in Bessemer.
  • In Oak lawn, the rental for a two-bedroom apartment stands at $1,500, while it is $1,080 in Bessemer.

Utilities

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

Metric Bessemer Oak lawn
Electricity Price $15.03 $16.15
Natural Gas Price $21.76 $16.59
Other Utilities $250 $250

Utilities Comparison: Bessemer vs Oak lawn

  • Oak lawn has higher electricity costs at $16.15 per kWh, versus $15.03 in Bessemer.
  • Natural gas is more expensive in Bessemer at $21.76 per unit, while it is cheaper at $16.59 in Oak lawn.
  • Utility expenses are equal in both Bessemer and Oak lawn averaging $250.