Cost of Living: Elgin, IL vs Henderson, NV
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Elgin | Henderson |
|---|---|---|
| Housing Index | 115.0 | 110.0 |
| Median Home Price | $292,000 | $Data is updating |
| Average Rent (2 BR Apartment) | $1600 | $1800 |
| Average Rent (2 BR House) | $1650 | $1900 |
Housing Comparison: Elgin vs Henderson
- In Elgin, the median home price is higher at $292,000, while in Henderson it is $0.
- In Henderson, 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 | Henderson |
|---|---|---|
| Electricity Price | $16.15 | $15.5 |
| Natural Gas Price | $16.59 | $20.66 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Elgin vs Henderson
- Electricity costs are higher in Elgin at $16.15 per kWh, compared to $15.5 in Henderson.
- Henderson experiences higher natural gas costs at $20.66 per unit, with costs at $16.59 in Elgin.
- Utility expenses are equal in both Elgin and Henderson averaging $250.