Cost of Living: Lake arthur, LA vs Hoffman estates, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lake arthur | Hoffman estates |
|---|---|---|
| Housing Index | Data is updating | 110.5 |
| Median Home Price | $163,000 | $390,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1800 |
| Average Rent (2 BR House) | $Data is updating | $1900 |
Housing Comparison: Lake arthur vs Hoffman estates
- The median home price in Hoffman estates is higher at $390,000, compared to $163,000 in Lake arthur.
- The rent for a two-bedroom apartment is equal in both Lake arthur and Hoffman estates at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lake arthur | Hoffman estates |
|---|---|---|
| Electricity Price | $11.42 | $16.15 |
| Natural Gas Price | $19.48 | $16.59 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Lake arthur vs Hoffman estates
- Hoffman estates has higher electricity costs at $16.15 per kWh, versus $11.42 in Lake arthur.
- Natural gas is more expensive in Lake arthur at $19.48 per unit, while it is cheaper at $16.59 in Hoffman estates.
- Utility expenses are equal in both Lake arthur and Hoffman estates averaging $0.0.