Cost of Living: Hoffman estates, IL vs Bossier city, LA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hoffman estates | Bossier city |
|---|---|---|
| Housing Index | 110.5 | 95.0 |
| Median Home Price | $390,000 | $220,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1900 | $1350 |
Housing Comparison: Hoffman estates vs Bossier city
- In Hoffman estates, the median home price is higher at $390,000, while in Bossier city it is $220,000.
- Renting a two-bedroom apartment costs more in Hoffman estates at $1,800 than in Bossier city 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 | Hoffman estates | Bossier city |
|---|---|---|
| Electricity Price | $16.15 | $11.42 |
| Natural Gas Price | $16.59 | $19.48 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Hoffman estates vs Bossier city
- Electricity costs are higher in Hoffman estates at $16.15 per kWh, compared to $11.42 in Bossier city.
- Bossier city experiences higher natural gas costs at $19.48 per unit, with costs at $16.59 in Hoffman estates.
- Utility expenses are equal in both Hoffman estates and Bossier city averaging $250.