Cost of Living: Hoffman estates, IL vs Boon, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hoffman estates | Boon |
|---|---|---|
| Housing Index | 110.5 | Data is updating |
| Median Home Price | $390,000 | $170,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1900 | $Data is updating |
Housing Comparison: Hoffman estates vs Boon
- In Hoffman estates, the median home price is higher at $390,000, while in Boon it is $170,000.
- The rent for a two-bedroom apartment is equal in both Hoffman estates and Boon 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 | Boon |
|---|---|---|
| Electricity Price | $16.15 | $19.88 |
| Natural Gas Price | $16.59 | $15.42 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Hoffman estates vs Boon
- Boon has higher electricity costs at $19.88 per kWh, versus $16.15 in Hoffman estates.
- Natural gas is more expensive in Hoffman estates at $16.59 per unit, while it is cheaper at $15.42 in Boon.
- Utility expenses are equal in both Hoffman estates and Boon averaging $250.