Cost of Living: Fairview heights, IL vs Torrance, CA

Housing

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

Metric Fairview heights Torrance
Housing Index 88.0 135.0
Median Home Price $210,000 $1,030,000
Average Rent (2 BR Apartment) $1050 $2800
Average Rent (2 BR House) $1100 $2850

Housing Comparison: Fairview heights vs Torrance

  • The median home price in Torrance is higher at $1,030,000, compared to $210,000 in Fairview heights.
  • In Torrance, the rental for a two-bedroom apartment stands at $2,800, while it is $1,050 in Fairview heights.

Utilities

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

Metric Fairview heights Torrance
Electricity Price $16.15 $32.99
Natural Gas Price $16.59 $16.99
Other Utilities $250 $250

Utilities Comparison: Fairview heights vs Torrance

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