Cost of Living: Des plaines, IL vs Forest lake, MN

Housing

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

Metric Des plaines Forest lake
Housing Index 110.0 115.0
Median Home Price $338,000 $374,000
Average Rent (2 BR Apartment) $1500 $1500
Average Rent (2 BR House) $1600 $1600

Housing Comparison: Des plaines vs Forest lake

  • The median home price in Forest lake is higher at $374,000, compared to $338,000 in Des plaines.
  • The rent for a two-bedroom apartment is equal in both Des plaines and Forest lake at $1,500.

Utilities

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

Metric Des plaines Forest lake
Electricity Price $16.15 $16.38
Natural Gas Price $16.59 $14.87
Other Utilities $250 $250

Utilities Comparison: Des plaines vs Forest lake

  • Forest lake has higher electricity costs at $16.38 per kWh, versus $16.15 in Des plaines.
  • Natural gas is more expensive in Des plaines at $16.59 per unit, while it is cheaper at $14.87 in Forest lake.
  • Utility expenses are equal in both Des plaines and Forest lake averaging $250.