Cost of Living: Lake hill, NY vs Oak lawn, IL
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Lake hill | Oak lawn |
---|---|---|
Housing Index | 115.0 | 95.0 |
Median Home Price | $310,000 | $215,000 |
Average Rent (2 BR Apartment) | $1800 | $1500 |
Average Rent (2 BR House) | $1900 | $1600 |
Housing Comparison: Lake hill vs Oak lawn
- In Lake hill, the median home price is higher at $310,000, while in Oak lawn it is $215,000.
- Renting a two-bedroom apartment costs more in Lake hill at $1,800 than in Oak lawn at $1,500.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Metric | Lake hill | Oak lawn |
---|---|---|
Electricity Price | $26.08 | $16.15 |
Natural Gas Price | $18.13 | $16.59 |
Other Utilities | $250 | $250 |
Utilities Comparison: Lake hill vs Oak lawn
- Electricity costs are higher in Lake hill at $26.08 per kWh, compared to $16.15 in Oak lawn.
- Natural gas is more expensive in Lake hill at $18.13 per unit, while it is cheaper at $16.59 in Oak lawn.
- Utility expenses are equal in both Lake hill and Oak lawn averaging $250.