Cost of Living: Commerce, GA vs Lake zurich, IL

Housing

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

Metric Commerce Lake zurich
Housing Index 85.5 115.0
Median Home Price $256,000 $437,200
Average Rent (2 BR Apartment) $1200 $1800
Average Rent (2 BR House) $1360 $1900

Housing Comparison: Commerce vs Lake zurich

  • The median home price in Lake zurich is higher at $437,200, compared to $256,000 in Commerce.
  • In Lake zurich, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Commerce.

Utilities

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

Metric Commerce Lake zurich
Electricity Price $15.53 $16.15
Natural Gas Price $27.53 $16.59
Other Utilities $200 $250

Utilities Comparison: Commerce vs Lake zurich

  • Lake zurich has higher electricity costs at $16.15 per kWh, versus $15.53 in Commerce.
  • Natural gas is more expensive in Commerce at $27.53 per unit, while it is cheaper at $16.59 in Lake zurich.
  • Lake zurich has higher utility expenses, averaging $250, while Commerce averages $200.