Cost of Living: Cranston, RI vs Palatine, IL

Housing

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

Metric Cranston Palatine
Housing Index 115.5 110.0
Median Home Price $368,600 $316,000
Average Rent (2 BR Apartment) $1800 $1800
Average Rent (2 BR House) $1840 $1840

Housing Comparison: Cranston vs Palatine

  • In Cranston, the median home price is higher at $368,600, while in Palatine it is $316,000.
  • The rent for a two-bedroom apartment is equal in both Cranston and Palatine 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 Cranston Palatine
Electricity Price $27.03 $16.15
Natural Gas Price $21.52 $16.59
Other Utilities $275 $250

Utilities Comparison: Cranston vs Palatine

  • Electricity costs are higher in Cranston at $27.03 per kWh, compared to $16.15 in Palatine.
  • Natural gas is more expensive in Cranston at $21.52 per unit, while it is cheaper at $16.59 in Palatine.
  • Other utility costs are higher in Cranston at an average of $275, compared to Palatine with $250.