Cost of Living: Hot springs village, AR vs Palos park, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hot springs village | Palos park |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $265,000 | $350,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1250 | $Data is updating |
Housing Comparison: Hot springs village vs Palos park
- The median home price in Palos park is higher at $350,000, compared to $265,000 in Hot springs village.
- The rent for a two-bedroom apartment is equal in both Hot springs village and Palos park 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 | Hot springs village | Palos park |
|---|---|---|
| Electricity Price | $12.36 | $16.15 |
| Natural Gas Price | $17.08 | $16.59 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Hot springs village vs Palos park
- Palos park has higher electricity costs at $16.15 per kWh, versus $12.36 in Hot springs village.
- Natural gas is more expensive in Hot springs village at $17.08 per unit, while it is cheaper at $16.59 in Palos park.
- Utility expenses are equal in both Hot springs village and Palos park averaging $200.