Cost of Living: Chester, VA vs Palatine, IL

Housing

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

Metric Chester Palatine
Housing Index 105.0 110.0
Median Home Price $335,000 $316,000
Average Rent (2 BR Apartment) $1500 $1800
Average Rent (2 BR House) $1600 $1840

Housing Comparison: Chester vs Palatine

  • In Chester, the median home price is higher at $335,000, while in Palatine it is $316,000.
  • In Palatine, the rental for a two-bedroom apartment stands at $1,800, while it is $1,500 in Chester.

Utilities

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

Metric Chester Palatine
Electricity Price $15.31 $16.15
Natural Gas Price $19.91 $16.59
Other Utilities $250 $250

Utilities Comparison: Chester vs Palatine

  • Palatine has higher electricity costs at $16.15 per kWh, versus $15.31 in Chester.
  • Natural gas is more expensive in Chester at $19.91 per unit, while it is cheaper at $16.59 in Palatine.
  • Utility expenses are equal in both Chester and Palatine averaging $250.