Cost of Living: Chicago, IL vs Houston, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Chicago | Houston |
|---|---|---|
| Housing Index | 110.0 | 115.4 |
| Median Home Price | $310,000 | $321,000 |
| Average Rent (2 BR Apartment) | $2200 | $1800 |
| Average Rent (2 BR House) | $2250 | $1920 |
Housing Comparison: Chicago vs Houston
- The median home price in Houston is higher at $321,000, compared to $310,000 in Chicago.
- Renting a two-bedroom apartment costs more in Chicago at $2,200 than in Houston at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Chicago | Houston |
|---|---|---|
| Electricity Price | $16.15 | $14.47 |
| Natural Gas Price | $16.59 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Chicago vs Houston
- Electricity costs are higher in Chicago at $16.15 per kWh, compared to $14.47 in Houston.
- Houston experiences higher natural gas costs at $26.29 per unit, with costs at $16.59 in Chicago.
- Utility expenses are equal in both Chicago and Houston averaging $250.