Cost of Living: Chicago, IL vs Cedar rapids, IA

Housing

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

Metric Chicago Cedar rapids
Housing Index 110.0 85.0
Median Home Price $310,000 $214,000
Average Rent (2 BR Apartment) $2200 $1200
Average Rent (2 BR House) $2250 $1280

Housing Comparison: Chicago vs Cedar rapids

  • In Chicago, the median home price is higher at $310,000, while in Cedar rapids it is $214,000.
  • Renting a two-bedroom apartment costs more in Chicago at $2,200 than in Cedar rapids at $1,200.

Utilities

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

Metric Chicago Cedar rapids
Electricity Price $16.15 $14.82
Natural Gas Price $16.59 $15.61
Other Utilities $250 $225

Utilities Comparison: Chicago vs Cedar rapids

  • Electricity costs are higher in Chicago at $16.15 per kWh, compared to $14.82 in Cedar rapids.
  • Natural gas is more expensive in Chicago at $16.59 per unit, while it is cheaper at $15.61 in Cedar rapids.
  • Other utility costs are higher in Chicago at an average of $250, compared to Cedar rapids with $225.