Cost of Living: Hoffman estates, IL vs Shelbyville, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hoffman estates | Shelbyville |
|---|---|---|
| Housing Index | 110.5 | 90.0 |
| Median Home Price | $390,000 | $175,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1900 | $1300 |
Housing Comparison: Hoffman estates vs Shelbyville
- In Hoffman estates, the median home price is higher at $390,000, while in Shelbyville it is $175,000.
- Renting a two-bedroom apartment costs more in Hoffman estates at $1,800 than in Shelbyville 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 | Shelbyville |
|---|---|---|
| Electricity Price | $16.15 | $14.89 |
| Natural Gas Price | $16.59 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Hoffman estates vs Shelbyville
- Electricity costs are higher in Hoffman estates at $16.15 per kWh, compared to $14.89 in Shelbyville.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Hoffman estates and Shelbyville averaging $250.