Cost of Living: Elgin, IL vs Buena vista, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Elgin | Buena vista |
|---|---|---|
| Housing Index | 115.0 | 110.0 |
| Median Home Price | $292,000 | $498,000 |
| Average Rent (2 BR Apartment) | $1600 | $2000 |
| Average Rent (2 BR House) | $1650 | $1970 |
Housing Comparison: Elgin vs Buena vista
- The median home price in Buena vista is higher at $498,000, compared to $292,000 in Elgin.
- In Buena vista, the rental for a two-bedroom apartment stands at $2,000, while it is $1,600 in Elgin.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Elgin | Buena vista |
|---|---|---|
| Electricity Price | $16.15 | $15.21 |
| Natural Gas Price | $16.59 | $11.3 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Elgin vs Buena vista
- Electricity costs are higher in Elgin at $16.15 per kWh, compared to $15.21 in Buena vista.
- Natural gas is more expensive in Elgin at $16.59 per unit, while it is cheaper at $11.3 in Buena vista.
- Utility expenses are equal in both Elgin and Buena vista averaging $250.