Cost of Living: Gatesville, TX vs Hoffman estates, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Gatesville | Hoffman estates |
|---|---|---|
| Housing Index | 85.0 | 110.5 |
| Median Home Price | $230,000 | $390,000 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1352 | $1900 |
Housing Comparison: Gatesville vs Hoffman estates
- The median home price in Hoffman estates is higher at $390,000, compared to $230,000 in Gatesville.
- In Hoffman estates, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Gatesville.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Gatesville | Hoffman estates |
|---|---|---|
| Electricity Price | $14.47 | $16.15 |
| Natural Gas Price | $26.29 | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Gatesville vs Hoffman estates
- Hoffman estates has higher electricity costs at $16.15 per kWh, versus $14.47 in Gatesville.
- Natural gas is more expensive in Gatesville at $26.29 per unit, while it is cheaper at $16.59 in Hoffman estates.
- Utility expenses are equal in both Gatesville and Hoffman estates averaging $250.