Cost of Living: Chicago, IL vs Davenport, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Chicago | Davenport |
|---|---|---|
| Housing Index | 110.0 | 90.0 |
| Median Home Price | $310,000 | $205,000 |
| Average Rent (2 BR Apartment) | $2200 | $1200 |
| Average Rent (2 BR House) | $2250 | $1250 |
Housing Comparison: Chicago vs Davenport
- In Chicago, the median home price is higher at $310,000, while in Davenport it is $205,000.
- Renting a two-bedroom apartment costs more in Chicago at $2,200 than in Davenport 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 | Davenport |
|---|---|---|
| Electricity Price | $16.15 | $14.82 |
| Natural Gas Price | $16.59 | $15.61 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Chicago vs Davenport
- Electricity costs are higher in Chicago at $16.15 per kWh, compared to $14.82 in Davenport.
- Natural gas is more expensive in Chicago at $16.59 per unit, while it is cheaper at $15.61 in Davenport.
- Utility expenses are equal in both Chicago and Davenport averaging $250.