Cost of Living: Hoffman estates, IL vs Saint ignace, MI

Housing

The housing market plays a significant role in determining the cost of living.

Metric Hoffman estates Saint ignace
Housing Index 110.5 90.0
Median Home Price $390,000 $165,000
Average Rent (2 BR Apartment) $1800 $1200
Average Rent (2 BR House) $1900 $1360

Housing Comparison: Hoffman estates vs Saint ignace

  • In Hoffman estates, the median home price is higher at $390,000, while in Saint ignace it is $165,000.
  • Renting a two-bedroom apartment costs more in Hoffman estates at $1,800 than in Saint ignace 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 Saint ignace
Electricity Price $16.15 $19.88
Natural Gas Price $16.59 $15.42
Other Utilities $250 $250

Utilities Comparison: Hoffman estates vs Saint ignace

  • Saint ignace 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 Saint ignace.
  • Utility expenses are equal in both Hoffman estates and Saint ignace averaging $250.