Cost of Living: Hoffman estates, IL vs Fayetteville, GA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hoffman estates | Fayetteville |
|---|---|---|
| Housing Index | 110.5 | Data is updating |
| Median Home Price | $390,000 | $385,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1900 | $Data is updating |
Housing Comparison: Hoffman estates vs Fayetteville
- In Hoffman estates, the median home price is higher at $390,000, while in Fayetteville it is $385,000.
- The rent for a two-bedroom apartment is equal in both Hoffman estates and Fayetteville 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 | Fayetteville |
|---|---|---|
| Electricity Price | $16.15 | $15.53 |
| Natural Gas Price | $16.59 | $27.53 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Hoffman estates vs Fayetteville
- Electricity costs are higher in Hoffman estates at $16.15 per kWh, compared to $15.53 in Fayetteville.
- Fayetteville experiences higher natural gas costs at $27.53 per unit, with costs at $16.59 in Hoffman estates.
- Utility expenses are equal in both Hoffman estates and Fayetteville averaging $250.