Cost of Living: Colorado springs, CO vs Northbrook, IL

Housing

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

Metric Colorado springs Northbrook
Housing Index 110.0 110.0
Median Home Price $499,000 $494,000
Average Rent (2 BR Apartment) $1700 $2200
Average Rent (2 BR House) $1750 $2240

Housing Comparison: Colorado springs vs Northbrook

  • In Colorado springs, the median home price is higher at $499,000, while in Northbrook it is $494,000.
  • In Northbrook, the rental for a two-bedroom apartment stands at $2,200, while it is $1,700 in Colorado springs.

Utilities

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

Metric Colorado springs Northbrook
Electricity Price $15.21 $16.15
Natural Gas Price $11.3 $16.59
Other Utilities $250 $250

Utilities Comparison: Colorado springs vs Northbrook

  • Northbrook has higher electricity costs at $16.15 per kWh, versus $15.21 in Colorado springs.
  • Northbrook experiences higher natural gas costs at $16.59 per unit, with costs at $11.3 in Colorado springs.
  • Utility expenses are equal in both Colorado springs and Northbrook averaging $250.