Cost of Living: Lake hill, NY vs Danville, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lake hill | Danville |
|---|---|---|
| Housing Index | 115.0 | 90.0 |
| Median Home Price | $310,000 | $115,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1900 | $1300 |
Housing Comparison: Lake hill vs Danville
- In Lake hill, the median home price is higher at $310,000, while in Danville it is $115,000.
- Renting a two-bedroom apartment costs more in Lake hill at $1,800 than in Danville 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 | Lake hill | Danville |
|---|---|---|
| Electricity Price | $26.08 | $16.15 |
| Natural Gas Price | $18.13 | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Lake hill vs Danville
- Electricity costs are higher in Lake hill at $26.08 per kWh, compared to $16.15 in Danville.
- Natural gas is more expensive in Lake hill at $18.13 per unit, while it is cheaper at $16.59 in Danville.
- Utility expenses are equal in both Lake hill and Danville averaging $250.