Cost of Living: Hanover park, IL vs Grandview, MO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hanover park | Grandview |
|---|---|---|
| Housing Index | 115.0 | 95.0 |
| Median Home Price | $408,000 | $252,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1850 | $1280 |
Housing Comparison: Hanover park vs Grandview
- In Hanover park, the median home price is higher at $408,000, while in Grandview it is $252,000.
- Renting a two-bedroom apartment costs more in Hanover park at $1,800 than in Grandview 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 | Grandview |
|---|---|---|
| Electricity Price | $16.15 | $14.64 |
| Natural Gas Price | $16.59 | $23.25 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Hanover park vs Grandview
- Electricity costs are higher in Hanover park at $16.15 per kWh, compared to $14.64 in Grandview.
- Grandview experiences higher natural gas costs at $23.25 per unit, with costs at $16.59 in Hanover park.
- Utility expenses are equal in both Hanover park and Grandview averaging $250.