Cost of Living: Lake geneva, WI vs Addison, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lake geneva | Addison |
|---|---|---|
| Housing Index | 115.0 | 115.0 |
| Median Home Price | $273,000 | $315,000 |
| Average Rent (2 BR Apartment) | $1400 | $1800 |
| Average Rent (2 BR House) | $1436 | $1840 |
Housing Comparison: Lake geneva vs Addison
- The median home price in Addison is higher at $315,000, compared to $273,000 in Lake geneva.
- In Addison, the rental for a two-bedroom apartment stands at $1,800, while it is $1,400 in Lake geneva.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lake geneva | Addison |
|---|---|---|
| Electricity Price | $17.6 | $16.15 |
| Natural Gas Price | $11.5 | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Lake geneva vs Addison
- Electricity costs are higher in Lake geneva at $17.6 per kWh, compared to $16.15 in Addison.
- Addison experiences higher natural gas costs at $16.59 per unit, with costs at $11.5 in Lake geneva.
- Utility expenses are equal in both Lake geneva and Addison averaging $250.