Cost of Living: Highland park, IL vs Arvada, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Highland park | Arvada |
|---|---|---|
| Housing Index | 135.8 | 120.0 |
| Median Home Price | $607,500 | $477,000 |
| Average Rent (2 BR Apartment) | $2300 | $2000 |
| Average Rent (2 BR House) | $2430 | $2056 |
Housing Comparison: Highland park vs Arvada
- In Highland park, the median home price is higher at $607,500, while in Arvada it is $477,000.
- Renting a two-bedroom apartment costs more in Highland park at $2,300 than in Arvada at $2,000.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Highland park | Arvada |
|---|---|---|
| Electricity Price | $16.15 | $15.21 |
| Natural Gas Price | $16.59 | $11.3 |
| Other Utilities | $290 | $250 |
Utilities Comparison: Highland park vs Arvada
- Electricity costs are higher in Highland park at $16.15 per kWh, compared to $15.21 in Arvada.
- Natural gas is more expensive in Highland park at $16.59 per unit, while it is cheaper at $11.3 in Arvada.
- Other utility costs are higher in Highland park at an average of $290, compared to Arvada with $250.