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.