Cost of Living: Lake elsinore, CA vs Vernon hills, IL

Housing

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

Metric Lake elsinore Vernon hills
Housing Index 120.5 110.0
Median Home Price $535,000 $392,500
Average Rent (2 BR Apartment) $2400 $1800
Average Rent (2 BR House) $2425 $1856

Housing Comparison: Lake elsinore vs Vernon hills

  • In Lake elsinore, the median home price is higher at $535,000, while in Vernon hills it is $392,500.
  • Renting a two-bedroom apartment costs more in Lake elsinore at $2,400 than in Vernon hills at $1,800.

Utilities

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

Metric Lake elsinore Vernon hills
Electricity Price $32.99 $16.15
Natural Gas Price $16.99 $16.59
Other Utilities $280 $250

Utilities Comparison: Lake elsinore vs Vernon hills

  • Electricity costs are higher in Lake elsinore at $32.99 per kWh, compared to $16.15 in Vernon hills.
  • Natural gas is more expensive in Lake elsinore at $16.99 per unit, while it is cheaper at $16.59 in Vernon hills.
  • Other utility costs are higher in Lake elsinore at an average of $280, compared to Vernon hills with $250.