Cost of Living: Hanover park, IL vs Newport beach, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hanover park | Newport beach |
|---|---|---|
| Housing Index | 115.0 | Data is updating |
| Median Home Price | $408,000 | $2,295,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1850 | $Data is updating |
Housing Comparison: Hanover park vs Newport beach
- The median home price in Newport beach is higher at $2,295,000, compared to $408,000 in Hanover park.
- The rent for a two-bedroom apartment is equal in both Hanover park and Newport beach at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hanover park | Newport beach |
|---|---|---|
| Electricity Price | $16.15 | $32.99 |
| Natural Gas Price | $16.59 | $16.99 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Hanover park vs Newport beach
- Newport beach has higher electricity costs at $32.99 per kWh, versus $16.15 in Hanover park.
- Newport beach experiences higher natural gas costs at $16.99 per unit, with costs at $16.59 in Hanover park.
- Utility expenses are equal in both Hanover park and Newport beach averaging $250.