Cost of Living: Hoffman estates, IL vs Minot, ND
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hoffman estates | Minot |
|---|---|---|
| Housing Index | 110.5 | 90.0 |
| Median Home Price | $390,000 | $273,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1900 | $1300 |
Housing Comparison: Hoffman estates vs Minot
- In Hoffman estates, the median home price is higher at $390,000, while in Minot it is $273,000.
- Renting a two-bedroom apartment costs more in Hoffman estates at $1,800 than in Minot 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 | Minot |
|---|---|---|
| Electricity Price | $16.15 | $13.65 |
| Natural Gas Price | $16.59 | $10.8 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Hoffman estates vs Minot
- Electricity costs are higher in Hoffman estates at $16.15 per kWh, compared to $13.65 in Minot.
- Natural gas is more expensive in Hoffman estates at $16.59 per unit, while it is cheaper at $10.8 in Minot.
- Other utility costs are higher in Hoffman estates at an average of $250, compared to Minot with $200.