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.