Cost of Living: Billings, MT vs Palatine, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Billings | Palatine |
|---|---|---|
| Housing Index | 90.0 | 110.0 |
| Median Home Price | $308,000 | $316,000 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1280 | $1840 |
Housing Comparison: Billings vs Palatine
- The median home price in Palatine is higher at $316,000, compared to $308,000 in Billings.
- In Palatine, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Billings.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Billings | Palatine |
|---|---|---|
| Electricity Price | $13.58 | $16.15 |
| Natural Gas Price | $8.31 | $16.59 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Billings vs Palatine
- Palatine has higher electricity costs at $16.15 per kWh, versus $13.58 in Billings.
- Natural gas is more expensive in Billings at $8.31 per unit, while it is cheaper at $16.59 in Palatine.
- Palatine has higher utility expenses, averaging $250, while Billings averages $200.