Cost of Living: Hoffman estates, IL vs Aberdeen, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hoffman estates | Aberdeen |
|---|---|---|
| Housing Index | 110.5 | 110.0 |
| Median Home Price | $390,000 | $350,000 |
| Average Rent (2 BR Apartment) | $1800 | $1800 |
| Average Rent (2 BR House) | $1900 | $1840 |
Housing Comparison: Hoffman estates vs Aberdeen
- In Hoffman estates, the median home price is higher at $390,000, while in Aberdeen it is $350,000.
- The rent for a two-bedroom apartment is equal in both Hoffman estates and Aberdeen 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 | Hoffman estates | Aberdeen |
|---|---|---|
| Electricity Price | $16.15 | $17.41 |
| Natural Gas Price | $16.59 | $18.44 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Hoffman estates vs Aberdeen
- Aberdeen has higher electricity costs at $17.41 per kWh, versus $16.15 in Hoffman estates.
- Aberdeen experiences higher natural gas costs at $18.44 per unit, with costs at $16.59 in Hoffman estates.
- Utility expenses are equal in both Hoffman estates and Aberdeen averaging $250.