Cost of Living: Groveton, TX vs Chicago, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Groveton | Chicago |
|---|---|---|
| Housing Index | 85.0 | 110.0 |
| Median Home Price | $103,000 | $310,000 |
| Average Rent (2 BR Apartment) | $1200 | $2200 |
| Average Rent (2 BR House) | $1600 | $2250 |
Housing Comparison: Groveton vs Chicago
- The median home price in Chicago is higher at $310,000, compared to $103,000 in Groveton.
- In Chicago, the rental for a two-bedroom apartment stands at $2,200, while it is $1,200 in Groveton.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Groveton | Chicago |
|---|---|---|
| Electricity Price | $14.47 | $16.15 |
| Natural Gas Price | $26.29 | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Groveton vs Chicago
- Chicago has higher electricity costs at $16.15 per kWh, versus $14.47 in Groveton.
- Natural gas is more expensive in Groveton at $26.29 per unit, while it is cheaper at $16.59 in Chicago.
- Utility expenses are equal in both Groveton and Chicago averaging $250.