Cost of Living: Elgin, IL vs Fort collins, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Elgin | Fort collins |
|---|---|---|
| Housing Index | 115.0 | 110.5 |
| Median Home Price | $292,000 | $428,000 |
| Average Rent (2 BR Apartment) | $1600 | $1800 |
| Average Rent (2 BR House) | $1650 | $1920 |
Housing Comparison: Elgin vs Fort collins
- The median home price in Fort collins is higher at $428,000, compared to $292,000 in Elgin.
- In Fort collins, the rental for a two-bedroom apartment stands at $1,800, 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 | Fort collins |
|---|---|---|
| Electricity Price | $16.15 | $15.21 |
| Natural Gas Price | $16.59 | $11.3 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Elgin vs Fort collins
- Electricity costs are higher in Elgin at $16.15 per kWh, compared to $15.21 in Fort collins.
- Natural gas is more expensive in Elgin at $16.59 per unit, while it is cheaper at $11.3 in Fort collins.
- Other utility costs are higher in Elgin at an average of $250, compared to Fort collins with $200.