Cost of Living: Carmel, IN vs Tinley park, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Carmel | Tinley park |
|---|---|---|
| Housing Index | 120.5 | 115.0 |
| Median Home Price | $396,000 | $280,000 |
| Average Rent (2 BR Apartment) | $1800 | $1500 |
| Average Rent (2 BR House) | $1830 | $1600 |
Housing Comparison: Carmel vs Tinley park
- In Carmel, the median home price is higher at $396,000, while in Tinley park it is $280,000.
- Renting a two-bedroom apartment costs more in Carmel at $1,800 than in Tinley park 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 | Carmel | Tinley park |
|---|---|---|
| Electricity Price | $14.89 | $16.15 |
| Natural Gas Price | $Data is updating | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Carmel vs Tinley park
- Tinley park has higher electricity costs at $16.15 per kWh, versus $14.89 in Carmel.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Carmel and Tinley park averaging $250.