Cost of Living: Hanover park, IL vs Fairfield, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hanover park | Fairfield |
|---|---|---|
| Housing Index | 115.0 | 85.3 |
| Median Home Price | $408,000 | $150,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1850 | $1360 |
Housing Comparison: Hanover park vs Fairfield
- In Hanover park, the median home price is higher at $408,000, while in Fairfield it is $150,000.
- Renting a two-bedroom apartment costs more in Hanover park at $1,800 than in Fairfield at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hanover park | Fairfield |
|---|---|---|
| Electricity Price | $16.15 | $14.82 |
| Natural Gas Price | $16.59 | $15.61 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Hanover park vs Fairfield
- Electricity costs are higher in Hanover park at $16.15 per kWh, compared to $14.82 in Fairfield.
- Natural gas is more expensive in Hanover park at $16.59 per unit, while it is cheaper at $15.61 in Fairfield.
- Utility expenses are equal in both Hanover park and Fairfield averaging $250.