Cost of Living: Elgin, IL vs Selma, CA

Housing

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

Metric Elgin Selma
Housing Index 115.0 Data is updating
Median Home Price $292,000 $303,000
Average Rent (2 BR Apartment) $1600 $Data is updating
Average Rent (2 BR House) $1650 $Data is updating

Housing Comparison: Elgin vs Selma

  • The median home price in Selma is higher at $303,000, compared to $292,000 in Elgin.
  • The rent for a two-bedroom apartment is equal in both Elgin and Selma at $1,600.

Utilities

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

Metric Elgin Selma
Electricity Price $16.15 $32.99
Natural Gas Price $16.59 $16.99
Other Utilities $250 $Data is updating

Utilities Comparison: Elgin vs Selma

  • Selma has higher electricity costs at $32.99 per kWh, versus $16.15 in Elgin.
  • Selma experiences higher natural gas costs at $16.99 per unit, with costs at $16.59 in Elgin.
  • Utility expenses are equal in both Elgin and Selma averaging $250.