Cost of Living: Ithaca, MI vs Carpentersville, IL

Housing

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

Metric Ithaca Carpentersville
Housing Index 85.0 115.0
Median Home Price $184,000 $292,000
Average Rent (2 BR Apartment) $900 $1550
Average Rent (2 BR House) $920 $1600

Housing Comparison: Ithaca vs Carpentersville

  • The median home price in Carpentersville is higher at $292,000, compared to $184,000 in Ithaca.
  • Renting a two-bedroom apartment costs more in Ithaca at $900 than in Carpentersville at $1,550.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Ithaca Carpentersville
Electricity Price $19.88 $16.15
Natural Gas Price $15.42 $16.59
Other Utilities $200 $250

Utilities Comparison: Ithaca vs Carpentersville

  • Electricity costs are higher in Ithaca at $19.88 per kWh, compared to $16.15 in Carpentersville.
  • Carpentersville experiences higher natural gas costs at $16.59 per unit, with costs at $15.42 in Ithaca.
  • Carpentersville has higher utility expenses, averaging $250, while Ithaca averages $200.