Cost of Living: Chicago, IL vs Selma, OR

Housing

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

Metric Chicago Selma
Housing Index 110.0 Data is updating
Median Home Price $310,000 $305,000
Average Rent (2 BR Apartment) $2200 $Data is updating
Average Rent (2 BR House) $2250 $Data is updating

Housing Comparison: Chicago vs Selma

  • In Chicago, the median home price is higher at $310,000, while in Selma it is $305,000.
  • The rent for a two-bedroom apartment is equal in both Chicago and Selma at $2,200.

Utilities

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

Metric Chicago Selma
Electricity Price $16.15 $15.12
Natural Gas Price $16.59 $16.5
Other Utilities $250 $Data is updating

Utilities Comparison: Chicago vs Selma

  • Electricity costs are higher in Chicago at $16.15 per kWh, compared to $15.12 in Selma.
  • Natural gas is more expensive in Chicago at $16.59 per unit, while it is cheaper at $16.5 in Selma.
  • Utility expenses are equal in both Chicago and Selma averaging $250.